Ragnarok Origin Successfully Launched in Southeast Asia on April 6, 2023

Rhea-AI Summary

Gravity Co., Ltd. (NasdaqGM: GRVY) announced the successful launch of Ragnarok Origin in Southeast Asia on April 6, 2023, achieving significant download and revenue rankings across major app stores.

The game topped free downloads on the Apple App Store in Thailand, Indonesia, the Philippines, Malaysia, and Singapore, while also ranking high in grossing categories. Ragnarok Origin also led in free downloads on Google Play Store in several regions, securing second place in grossing in the Philippines, Thailand, and Singapore.

Gravity Game Hub, the company's subsidiary in Singapore, is facilitating the game's publication and conducting promotional activities, including TV commercials and themed train designs in Bangkok.

Positive

• Successful launch of Ragnarok Origin in Southeast Asia, started April 6, 2023.
• Ragnarok Origin ranked top in free downloads on Apple and Google Play Stores in multiple countries.
• Ranked top-grossing in Apple App Store in Thailand, Indonesia, and the Philippines.

Negative

• None.

Seoul, Korea, April 14, 2023 (GLOBE NEWSWIRE) -- Seoul, South Korea – April 14, 2023 – GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that Ragnarok Origin was successfully launched in Southeast Asia on April 6, 2023.

Ragnarok Origin ranked the top in free downloads of the Apple App Store in Thailand, Indonesia, the Philippines, Malaysia, and Singapore after the game was launched on April 6, 2023. The game also ranked the top in Thailand, Indonesia, the Philippines, and Singapore and ranked second in Malaysia in the top-grossing of Apple App Store, respectively. Ragnarok Origin also placed at the top in free downloads of Google Play Store in Thailand, the Philippines, Malaysia, and Singapore. The game also placed second in the top-grossing of Google Play Store in the Philippines, Thailand, and Singapore.

In early April, Gravity Game Hub, Gravity’s subsidiary in Singapore, unveiled a TVC featuring Ambassador and the regional Ambassador at the Press Conferences held in the Philippines, Thailand, and Indonesia, respectively. Additionally, the ground train in Bangkok, Thailand which designed the entire interior and exterior with the image of Ragnarok Origin, is in operation.

Gravity Game Hub, Gravity’s subsidiary in Singapore, is publishing Ragnarok Origin in Southeast Asia, and various launching celebration events will be provided.

[Ragnarok Origin_Official Website] http://www.roglobal.com

[Gravity Game Hub PTE.,Ltd._Official Website] https://www.gnjoy.asia/

[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 markets and countries. 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. Jeesun Lim
IR Unit
Gravity Co., Ltd.
Email: ir@gravity.co.kr
Telephone: +82-2-2132-7800

FAQ

What is the launch date of <i>Ragnarok Origin</i> in Southeast Asia?

The game was launched on April 6, 2023.

Which countries saw high downloads for <i>Ragnarok Origin</i>?

Ragnarok Origin ranked top in Thailand, Indonesia, the Philippines, Malaysia, and Singapore.

What are the download rankings for <i>Ragnarok Origin</i>?

Ragnarok Origin topped free downloads and secured high grossing positions in both Apple App Store and Google Play Store.

Who is publishing <i>Ragnarok Origin</i> in Southeast Asia?

Gravity Game Hub, Gravity's subsidiary in Singapore, is publishing the game.