STOCK TITAN

Ragnarok Online Official Launching in China on June 28, 2024

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Gravity (NasdaqGM: GRVY), a developer and publisher of online and mobile games, announced the official launch of Ragnarok Online in China on June 28, 2024.

The game will be published by Shanghai Taren Network Technology Co., , and will be available for download from the official Ragnarok Online website.

Originally launched in South Korea in 2002, Ragnarok Online is popular in 91 regions and was the most preferred Korean PC/online game in several countries, including the US and France, according to a 2023 survey.

The game has been localized for the Chinese market to provide an optimal gaming experience, and a variety of events are planned to celebrate the launch.

Gravity expressed their excitement about the launch and commitment to delivering tailored content and events for Chinese users.

Positive
  • Ragnarok Online will launch in China on June 28, 2024.
  • The game is Gravity's flagship product, popular in 91 regions.
  • A 2023 survey indicated it is the most preferred Korean PC/online game in several countries, including the US and France.
  • The game has been localized specifically for the Chinese market, enhancing user experience.
  • Various events will accompany the launch, providing benefits to Chinese users.
Negative
  • None.

Seoul, South Korea, June 14, 2024 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announces that Ragnarok Online will be launched in China on June 28, 2024. The game will be published in China by Shanghai Taren Network Technology Co., Ltd., and Chinese players can download the game from the official Ragnarok Online website starting on the launch day.

Ragnarok Online is Gravity's flagship online game, beloved by users worldwide in 91 regions for its expansive world, rich storyline, unique content, charming graphics, and region-specific background music (BGM) since its launch in South Korea in 2002. According to the 2023 Survey of Korean Game Users in Overseas Markets, it was the most preferred Korean PC/online game in six regions: Brazil, Indonesia, the UK, Italy, the US and France.

In China, Ragnarok Online has been undergoing localization to ensure users can enjoy the game in an optimal environment. Following its official launch, a variety of events will provide Chinese users with numerous benefits.

Gravity said, "We are delighted to share the good news with users who have been anticipating the launch of Ragnarok Online in China since the ISBN was granted this February. We are committed to preparing diverse content and events tailored to the Chinese market to ensure an enjoyable gaming experience."

[Ragnarok Online_China Official Website] https://ro.zhaouc.com/

[Gravity Official Website] http://www.gravity.co.kr

About GRAVITY Co., Ltd. ---------------------------------------------------

Gravity is a developer and publisher of online and mobile games. Gravity’s principal product, Ragnarok Online, is a popular online game in many markets, including Japan and Taiwan, and is currently commercially offered in 91 regions. For more information about Gravity, please visit http://www.gravity.co.kr.

Contact:

Mr. Heung Gon Kim
Chief Financial Officer
Gravity Co., Ltd.
Email: kheung@gravity.co.kr

Ms. Jin Lee
Ms. Shin Choi
IR Unit
Gravity Co., Ltd.
Email: ir@gravity.co.kr
Telephone: +82-2-2132-7800


FAQ

When is Ragnarok Online launching in China?

Ragnarok Online is launching in China on June 28, 2024.

Which company is publishing Ragnarok Online in China?

Shanghai Taren Network Technology Co., is publishing Ragnarok Online in China.

What is the stock symbol for Gravity?

The stock symbol for Gravity is GRVY.

How many regions currently offer Ragnarok Online?

Ragnarok Online is currently offered in 91 regions.

Which countries prefer Ragnarok Online as the top Korean PC/online game?

According to a 2023 survey, countries like the US, France, Brazil, Indonesia, the UK, and Italy prefer Ragnarok Online as the top Korean PC/online game.

GRAVITY Co., Ltd.

NASDAQ:GRVY

GRVY Rankings

GRVY Latest News

GRVY Stock Data

458.87M
6.95M
59.32%
14.33%
0.17%
Electronic Gaming & Multimedia
Communication Services
Link
United States of America
Seoul