Ragnarok X: Next Generation Available for Pre-registration and CBT in Taiwan, Hong Kong and Macau

Rhea-AI Summary

Gravity Co., Ltd. (NasdaqGM: GRVY) has announced the opening of pre-registration for its new MMORPG mobile game, Ragnarok X: Next Generation, starting August 25, 2020. Concurrently, Closed Beta Testing (CBT) is underway in Taiwan, Hong Kong, and Macau from August 24 to September 9, 2020. The game will be jointly published with ByteDance Ltd., enhancing its launch strategy in these regions. Feedback gathered during the CBT will be utilized to refine the game for local users.

Positive

• Pre-registration for Ragnarok X: Next Generation has commenced, indicating strong market interest.
• Joint publishing agreement with ByteDance enhances market presence and distribution capabilities.

Negative

• None.

Seoul, Aug. 25, 2020 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that pre-registration for Ragnarok X: Next Generation, a new MMORPG mobile game, has been opened on August 25 and CBT has been started in Taiwan, Hong Kong and Macau from August 24 to September 9, 2020.

Ragnarok X: Next Generation will be published by ByteDance Ltd. (“ByteDance”), a multinational content platform company, and Gravity Communications Co., Ltd. (“GVC”), Gravity’s wholly‑owned subsidiary in Taiwan, will support ByteDance as a joint publisher.

Gravity recently has signed a joint publishing contract with ByteDance for the successful launch and service of Ragnarok X: Next Generation in Taiwan, Hong Kong and Macau.

Various feedbacks through CBT will be taken into the game so that local users would be satisfied with it.

[Official Pre-registration Website] https://rox.gnjoy.com.tw/pre-register

[CBT Link on Google Play] https://app.adjust.com/t9mncbx

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

FAQ

What is the significance of the pre-registration for GRVY's new game?

The pre-registration for Ragnarok X: Next Generation indicates potential user interest and market readiness, which may positively impact GRVY's stock performance.

When is the Closed Beta Testing (CBT) for <em>Ragnarok X: Next Generation</em> scheduled?

The CBT is scheduled from August 24 to September 9, 2020, in Taiwan, Hong Kong, and Macau.

Who is GRVY partnering with for the launch of <em>Ragnarok X: Next Generation</em>?

Gravity has partnered with ByteDance Ltd. for the launch and service of Ragnarok X: Next Generation.

How does the CBT feedback impact the game launch for GRVY?

Feedback from the CBT will be incorporated into the game to better meet local user preferences, potentially enhancing user satisfaction and retention.

What markets will <em>Ragnarok X: Next Generation</em> be released in?

The game will be released in Taiwan, Hong Kong, and Macau.