Successful Launching of Ragnarok Origin in Taiwan, Hong Kong and Macau

Rhea-AI Summary

GRAVITY Co., Ltd. (NasdaqGM: GRVY) announced the launch of Ragnarok Origin in Taiwan, Hong Kong, and Macau on September 15, 2022. The MMORPG mobile game achieved remarkable success on its first day, ranking first in free downloads and top-grossing on the Apple App Store, and second in free downloads on Google Play. Previously launched in Korea, Japan, and the U.S. with similar success, Ragnarok Origin continues to expand its market presence globally.

Positive

• Ragnarok Origin achieved first place in free downloads and top-grossing on Apple App Store on launch day in Taiwan, Hong Kong, and Macau.
• The game ranked second in free downloads on Google Play Store on the same day.

Negative

• None.

Seoul, Korea, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Seoul, South Korea – September 16, 2022 – GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that Ragnarok Origin, a MMORPG mobile game, has been officially launched in Taiwan, Hong Kong and Macau on September 15, 2022.

Ragnarok Origin ranked the top in free download and top-grossing in Apple App Store, and the game also ranked the second in free download in Google Play Store in Taiwan, Hong Kong, and Macau on the first day of its release.

After the game was launched in Korea on July 7, 2020, it had kept the top 10 in the top-grossing Apple App Store and Google Play in Korea for three months. In addition, after the game was launched in Japan on June 28, 2021, it ranked the top in the free download of Apple App Store and Google Play in Japan. Ragnarok Origin was also launched in the United States and Canada on November 10, 2021, and it had ranked as the second in free download in Google Play in the United States.

Currently, GRAVITY GAME VISION., LIMITED., Gravity’s subsidiary in Hong Kong, publishes this game, and various launching celebration events are being provided to users.

[Ragnarok Origin_Taiwan, Hong Kong, Macau_Official Website] https://roo.gnjoy.hk/pc-site/home

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. Somin Kim
Ms. Jeesun Lim
IR Unit
Gravity Co., Ltd.
Email: ir@gravity.co.kr
Telephone: +82-2-2132-7800

FAQ

When was Ragnarok Origin launched in Taiwan, Hong Kong, and Macau?

Ragnarok Origin was officially launched on September 15, 2022.

What were the first-day rankings of Ragnarok Origin in the app stores?

On its first day, it ranked first in free downloads and top-grossing on the Apple App Store and second in free downloads on Google Play Store.

What is the stock symbol for GRAVITY Co., Ltd.?

The stock symbol for GRAVITY Co., Ltd. is GRVY.

In which countries was Ragnarok Origin previously launched?

Ragnarok Origin was previously launched in Korea, Japan, the United States, and Canada.