Ragnarok V: Returns Official Launching in Thailand, Indonesia and the Philippines on March 27, 2025

Rhea-AI Summary

Gravity Co., (GRVY) has officially launched Ragnarok V: Returns, a 3D MMORPG Mobile and PC game, in Thailand, Indonesia and the Philippines on March 27, 2025. This launch completes the game's rollout across Southeast Asia, following its initial release in other Southeast Asian regions in December 2024.

The game demonstrated strong initial traction during its Closed Beta Test (CBT) in March 2024, attracting over 20,000 users on the first day with sustained engagement throughout the testing period. The game is now available for download through multiple platforms including Google Play, Apple App Store, and Huawei App Gallery, with a PC version accessible through the official website.

Positive

• Successful expansion into three major Southeast Asian markets
• Strong initial user engagement with 20,000+ first-day CBT participants
• Multi-platform availability across mobile and PC enhances accessibility

Negative

• None.

Insights

Mobile Gaming Analyst

Gravity's expansion of Ragnarok V: Returns into Thailand, Indonesia, and the Philippines completes their Southeast Asian rollout strategy, following the game's initial December 2024 launch in neighboring markets. This move significantly expands the potential user base, targeting three of Southeast Asia's most populous gaming markets with a combined population exceeding 400 million.

The company's disclosure that their Closed Beta Test attracted over 20,000 users on the first day with "sustained participation and strong engagement" suggests promising early interest. While this metric alone doesn't guarantee commercial success, it indicates sufficient market validation to proceed with full launch.

Strategically, the multi-platform approach (mobile across Google Play, Apple App Store, Huawei App Gallery, plus PC) maximizes accessibility in markets where device usage varies significantly. This comprehensive distribution strategy removes potential barriers to adoption but also increases development and maintenance complexity.

For context, Gravity's primary franchise Ragnarok Online currently operates in 91 regions globally, demonstrating the IP's enduring appeal and the company's experience in managing international game operations. This expansion represents a logical continuation of their established business model rather than a speculative new direction.

The importance of these specific markets shouldn't be underestimated - Southeast Asian mobile gaming continues to show robust engagement patterns, with MMORPGs particularly well-suited to monetization through in-app purchases and sustained player retention.

Seoul, South Korea, March 27, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that Gravity Game Tech Co., Ltd., Gravity's wholly-owned subsidiary, officially launched Ragnarok V: Returns, a 3D MMORPG Mobile and PC game, in Thailand, Indonesia and the Philippines on March 27, 2025.

Ragnarok V: Returns was first launched in Southeast Asia, excluding Thailand, Indonesia and the Philippines in December 2024 and has since maintained stable service. During the CBT conducted in March 2024 for Southeast Asia and Korea, the game attracted over 20,000 users on the first day alone, with sustained participation and strong engagement until the test concluded, demonstrating its popularity. Ragnarok V: Returns is available for download in Google Play and Apple App Store in Thailand, Indonesia and the Philippines and by installing PC version from official website. It is also available for download in Huawei App Gallery in entire Southeast Asia.

Gravity stated, “We are delighted to officially launch Ragnarok V: Returns to all regions in Southeast Asia with this launch in Thailand, Indonesia and the Philippines. Building on the support from local users during the CBT in 2024, we have prepared a variety of events and look forward to your continued interest and participation”.

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

[Gravity Game Tech Official Website]
https://gravity.co.th

[Ragnarok V: Returns Google Play Download Page]

https://ragnarokvreturns.go.link/dX1TQ

[Ragnarok V: Returns Apple App Store Download Page]

https://ragnarokvreturns.go.link/dX1TQ

[Ragnarok V: Returns Huawei App Gallery Download Page]

https://appgallery.cloud.huawei.com/ag/n/orderappdetail/C110273477

[Ragnarok V: Returns Official Website]

https://www.rov-sea.com/

[Ragnarok V: Returns Official Facebook Page]

https://www.facebook.com/ROVreturns

[Ragnarok V: Returns Official Thai Facebook Page]

https://www.facebook.com/RagnarokV.TH

[Ragnarok V: Returns Official Discord Community]

https://discord.com/invite/bJZKdP8ARy

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

FAQ

When did Ragnarok V: Returns launch in Thailand, Indonesia, and Philippines?

Ragnarok V: Returns launched in these countries on March 27, 2025.

How many users participated in Ragnarok V: Returns' CBT in March 2024?

The game attracted over 20,000 users on the first day of CBT.

What platforms is Ragnarok V: Returns available on?

The game is available on mobile (Google Play, Apple App Store, Huawei App Gallery) and PC platforms.

When was the initial launch of Ragnarok V: Returns in Southeast Asia?

The game was first launched in Southeast Asia (excluding Thailand, Indonesia, and Philippines) in December 2024.