STOCK TITAN

Successful Launching of Ragnarok X: Next Generation in Taiwan, Hong Kong and Macau

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

On October 15, 2020, Gravity Co., Ltd. (GRVY) launched its MMORPG mobile game, Ragnarok X: Next Generation, in Taiwan, Hong Kong, and Macau. Published by ByteDance Ltd., the game garnered over 800,000 pre-registrations prior to its release, ranking first in top grossing games on the Apple App Store and second on Google Play as of October 21. The company plans to enhance user experience with various events and rewards. This early success positions Gravity for increased popularity in the mobile gaming market.

Positive
  • Over 800,000 pre-registrations indicate strong initial interest.
  • Ragnarok X: Next Generation ranks first on Apple's App Store and second on Google Play for top grossing games.
Negative
  • None.

Seoul, South Korea, Oct. 22, 2020 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that Ragnarok X: Next Generation, a new MMORPG mobile game, has been successfully launched in Taiwan, Hong Kong and Macau on October 15, 2020.  

ByteDance Ltd., a global IT company, publishes this game and Gravity Communications Co., Ltd., Gravity’s subsidiary in Taiwan, supports the ByteDance as a joint publisher.

Ragnarok X: Next Generation received heated reaction from users by achieving over 800,000 pre-registration sign-ups that opened on August 25, 2020.  As of October 21, it ranked as the first in top grossing of Apple’s App Store games and the second in top grossing of Google Play games.

More fun will be added to the game by providing various events with abundant rewards for users going forward.

Gravity expects to gain more popularity keeping up this early risen attention incessantly

 [Ragnarok X: Next Generation Official Website] https://rox.gnjoy.com.tw/

 [Ragnarok X: Next Generation _Facebook Page] https://www.facebook.com/ROXNextGeneration

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

GRAVITY Co., Ltd.

NASDAQ:GRVY

GRVY Rankings

GRVY Latest News

GRVY Stock Data

470.16M
2.83M
59.32%
14.77%
0.2%
Electronic Gaming & Multimedia
Communication Services
Link
United States of America
Seoul