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“Ragnarok: Rebirth” Official Launching in Taiwan, Hong Kong and Macau on October 31, 2024

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Gravity Co., (GRVY) has announced the official launch of Ragnarok: Rebirth, a 3D MMORPG mobile game, in Taiwan, Hong Kong, and Macau on October 31, 2024. The game features idle content for reduced player fatigue and quick character progression, along with both vertical and horizontal screen options. The game has already demonstrated strong market performance, reaching the top position in free popular games on the Apple App Store across multiple Southeast Asian countries, including Thailand, Philippines, Indonesia, and Malaysia, following its June launch in that region.

Gravity Co., (GRVY) ha annunciato il lancio ufficiale di Ragnarok: Rebirth, un gioco MMORPG mobile 3D, in Taiwan, Hong Kong e Macao il 31 ottobre 2024. Il gioco presenta contenuti idle per ridurre l'affaticamento dei giocatori e offrire una rapida progressione del personaggio, con opzioni sia per lo schermo verticale che orizzontale. Ha già dimostrato forti performance di mercato, raggiungendo la posizione di vertice nelle classifiche dei giochi gratuiti più popolari sull'Apple App Store in diversi paesi del Sud-est asiatico, tra cui Thailandia, Filippine, Indonesia e Malesia, a seguito del suo lancio di giugno in quella regione.

Gravity Co., (GRVY) ha anunciado el lanzamiento oficial de Ragnarok: Rebirth, un juego MMORPG móvil en 3D, en Taiwán, Hong Kong y Macao el 31 de octubre de 2024. El juego cuenta con contenido idle para reducir la fatiga del jugador y una rápida progresión del personaje, además de ofrecer opciones de pantalla vertical y horizontal. Ya ha demostrado un sólido rendimiento en el mercado, alcanzando la primera posición en juegos populares gratuitos en la App Store de Apple en varios países del sudeste asiático, incluidos Tailandia, Filipinas, Indonesia y Malasia, tras su lanzamiento en junio en esa región.

Gravity Co., (GRVY)Ragnarok: Rebirth의 공식 출시를 2024년 10월 31일 대만, 홍콩, 마카오에서 발표했습니다. 이 게임은 플레이어의 피로를 줄이고 캐릭터의 빠른 진행을 제공하는 아이들 콘텐츠를 특징으로 하며, 세로 및 가로 화면 옵션을 지원합니다. 이 게임은 6월에 동남아시아 지역에서 출시된 이후 여러 나라에서 애플 앱스토어의 무료 인기 게임 차트에서 1위를 기록하며 강력한 시장 성과를 이미 입증했습니다.

Gravity Co., (GRVY) a annoncé le lancement officiel de Ragnarok: Rebirth, un jeu MMORPG mobile en 3D, à Taïwan, Hong Kong et Macao le 31 octobre 2024. Le jeu propose du contenu idle pour réduire la fatigue des joueurs et permettre une progression rapide des personnages, avec des options d'affichage vertical et horizontal. Il a déjà démontré de fortes performances sur le marché, atteignant la première position des jeux gratuits populaires sur l'App Store d'Apple dans plusieurs pays d'Asie du Sud-Est, notamment la Thaïlande, les Philippines, l'Indonésie et la Malaisie, suivant son lancement en juin dans cette région.

Gravity Co., (GRVY) hat den offiziellen Start von Ragnarok: Rebirth, einem 3D MMORPG für mobile Geräte, in Taiwan, Hongkong und Macau am 31. Oktober 2024 angekündigt. Das Spiel bietet Idle-Inhalte zur Reduzierung der Spielerermüdung und eine schnelle Charakterentwicklung, sowie Optionen für vertikale und horizontale Bildschirme. Es hat bereits eine starke Marktleistung gezeigt und erreichte die Spitzenposition in der Kategorie der kostenlosen beliebten Spiele im Apple App Store in mehreren Ländern Südostasiens, darunter Thailand, die Philippinen, Indonesien und Malaysia, nach dem Launch im Juni in dieser Region.

Positive
  • Strong market performance with #1 ranking in multiple Southeast Asian markets
  • Geographic expansion into new markets (Taiwan, Hong Kong, Macau)
  • Successful previous launch in Southeast Asia demonstrates proven market demand
Negative
  • None.

Insights

The launch of Ragnarok: Rebirth in Taiwan, Hong Kong and Macau represents a significant market expansion following its successful Southeast Asian debut. The game's previous performance, reaching top rankings in multiple App Store markets, demonstrates strong market potential. The idle gameplay mechanic targets the lucrative casual gaming segment, while dual-orientation display flexibility enhances user accessibility.

The Ragnarok franchise maintains substantial brand value in Asian markets, particularly in Taiwan where mobile gaming revenue is robust. The game's previous success in SEA markets, securing top positions in four major countries, suggests potential for strong monetization. However, the increasingly competitive mobile MMORPG market and rising user acquisition costs could impact profitability margins. The idle gameplay mechanic may also affect long-term user retention compared to traditional MMORPGs.

Seoul, South Korea, Oct. 31, 2024 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that Gravity’s wholly-owned subsidiary, Gravity Game Vision Co., Ltd, officially launched the 3D MMORPG mobile game, Ragnarok: Rebirth (Chinese Title: 中仙境傳說:重生), on October 31, 2024 at 9:00 am (HKT) in Taiwan, Hong Kong and Macau.

Ragnarok: Rebirth is idle content, which reduces fatigue and provides rich rewards that allow users to grow their characters quickly over time. The game provides both vertical and horizontal screens for user convenience. In June of this year, immediately after its launch in Southeast Asia, Ragnarok Rebirth ranked the first in free popular game in the Apple App Store in Thailand, the Philippines, Indonesia, and Malaysia, proving its undying popularity. 

“As the title suggests, Ragnarok: Rebirth was created to provide a new Ragnarok experience,” Gravity stated. “We're grateful for the enthusiastic interest and support for the pre-registration, and we'll do our best for users with good service.”

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

[The Ragnarok : Rebirth Official Website]
https://ror.gnjoy.hk/

[The Ragnarok : Rebirth Google Play Download Page]
https://play.google.com/store/apps/details?id=com.ggv.rebirth.tw

[The Ragnarok : Rebirth Apple App Store Download Page]
https://apps.apple.com/tw/app/ro%E4%BB%99%E5%A2%83%E5%82%B3%E8%AA%AA-%E9%87%8D%E7%94%9F/id6596747214

[The Ragnarok : Rebirth Huawei App Gallery Page]

https://appgallery.huawei.com/app/C112092537

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. Yujin Oh
Ms. Eseon Kwon
IR Unit
Gravity Co., Ltd.
Email: ir@gravity.co.kr
Telephone: +82-2-2132-7801


FAQ

When did Gravity (GRVY) launch Ragnarok: Rebirth in Taiwan, Hong Kong, and Macau?

Gravity launched Ragnarok: Rebirth in Taiwan, Hong Kong, and Macau on October 31, 2024, at 9:00 am (HKT).

How did Ragnarok: Rebirth (GRVY) perform in Southeast Asian markets?

The game ranked first in free popular games on the Apple App Store in Thailand, Philippines, Indonesia, and Malaysia following its launch in June 2024.

What are the key features of Gravity's (GRVY) Ragnarok: Rebirth mobile game?

The game features idle content for reduced player fatigue, rich rewards for quick character progression, and supports both vertical and horizontal screen orientations.

GRAVITY Co., Ltd.

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