Ragnarök

Ragnarok Online Received a ISBN Code by Chinese Government

Retrieved on: 
Thursday, February 29, 2024

Seoul, Feb. 29, 2024 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that Ragnarok Online, MMORPG PC game, received a ISBN code by Chinese government disclosed on February 26, 2024.

Key Points: 
  • Seoul, Feb. 29, 2024 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that Ragnarok Online, MMORPG PC game, received a ISBN code by Chinese government disclosed on February 26, 2024.
  • Ragnarok Online is a first-generation MMORPG online game which is famous for a vast universe and unique content in the cartoon Ragnarok.
  • Based on these successful services of Ragnarok Online, Ragnarok has been grown strong IP and released over 50 titles globally.
  • Gravity previously obtained the ISBNs from Chinese government for Ragnarok Origin and Ragnarok X: Next Generation in August 2023 and in December 2023, respectively.

City State Entertainment Rebrands to Unchained Entertainment, Readies Reveal Of Next-Gen Game Development Engine

Retrieved on: 
Thursday, February 29, 2024

Led by video game industry veteran Mark Jacobs, City State Entertainment has rebranded to Unchained Entertainment.

Key Points: 
  • Led by video game industry veteran Mark Jacobs, City State Entertainment has rebranded to Unchained Entertainment.
  • The company is readying the official launch of Early Access for Final Stand: Ragnarok, a multiplayer, co-op PvE hack and slasher action game.
  • Powered by Unchained Engine, the game will be able to support scenarios such as swarm-based PvE action, PvEvP extraction, as well as Battle Royales of unprecedented-scale in any combination.
  • “The Unchained Engine is realizing a dream I’ve been obsessing over for more than 30 years,” said Mark Jacobs, President and CEO of Unchained Entertainment.

GRAVITY REPORTS PRELIMINARY UNAUDITED 4Q 2023 RESULTS AND BUSINESS UPDATES

Retrieved on: 
Wednesday, February 14, 2024

The preliminary fourth quarter of 2023 result is mainly attributed by decreased revenues from Ragnarok Origin in Southeast Asia.

Key Points: 
  • The preliminary fourth quarter of 2023 result is mainly attributed by decreased revenues from Ragnarok Origin in Southeast Asia.
  • Unaudited preliminary consolidated revenue for 2023 is KRW 726 billion, and the operating profit is KRW 160 billion.
  • The preliminary 2023 figures are unaudited and subject to revision.
  • The presentation contains the Company’s recent business updates, results of the fourth quarter in 2023 and Gravity’s business plan.

Ragnarok Idle Adventure Ranked Top on Both Markets after its Launching in Thailand!

Retrieved on: 
Tuesday, January 23, 2024

Seoul, Jan. 23, 2024 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that Ragnarok Idle Adventure has been ranked as the first in free downloads in both markets, Apple App Store and Google Play, and also ranked the first in top grossing of Apple App Store in Thailand after its launching.

Key Points: 
  • Seoul, Jan. 23, 2024 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that Ragnarok Idle Adventure has been ranked as the first in free downloads in both markets, Apple App Store and Google Play, and also ranked the first in top grossing of Apple App Store in Thailand after its launching.
  • The Ragnarok Idle Adventure is a Ragnarok IP game with AFK(Away from the Keyboard) play, and it has been officially launched on January 18, 2024 in Thailand.
  • Gravity Game Tech Co., Ltd, Gravity’s wholly-owned subsidiary in Thailand, is providing abundant launching events such as New Character Creation Event, X Event, Training Tower Event, etc.
  • Besides, offline events with Ragnarok Real World Experience, a recent opened Ragnarok IP AR Exhibition at Bangkok, are currently being offered to visitors.

AR Exhibition “Ragnarok Real World Experience” to Open in Thailand

Retrieved on: 
Friday, January 5, 2024

About GRAVITY Co., Ltd. ---------------------------------------------------

Key Points: 
  • will open Ragnarok Real World Experience, an Augmented Reality (“AR”) exhibition, at Central World in Bangkok, Thailand on January 6, 2024.
  • Ragnarok Real World Experience is an exhibition where users can meet the Ragnarok IP game world with AR graphic offline, and will be opened for a limited period of time from January 6, 2024 to April 21, 2024.
  • Gravity said that “We have prepared a large-scale exhibition to return users support to Ragnarok IP around the world, including Thailand.
  • It will be a good opportunity to experience the Ragnarok world in person, which has been existed only as a game.”

Ragnarok X : Next Genration Received a ISBN Code by Chinese Government

Retrieved on: 
Wednesday, January 3, 2024

About GRAVITY Co., Ltd. ---------------------------------------------------

Key Points: 
  • Seoul, Jan. 03, 2024 (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 received a ISBN Code by Chinese government disclosed on December 22, 2023.
  • Ragnarok X: Next Generation has continued its outstanding performances since its launching in Taiwan, Hong Kong and Macau in 2020.
  • The game ranked the first in top-grossing in both markets, Google Play and Apple App Store in Taiwan and Hong Kong and Macau after its launching.
  • Gravity said that “We are very excited to introduce Ragnarok X: Next Generation to Chinese uses, which recorded mega hit in each launching markets.

Gravity Reports Third Quarter of 2023 Results and Business Updates

Retrieved on: 
Monday, November 13, 2023

Total revenues were KRW 176,145 million (US$ 130,685 thousand), representing a 26.3% decrease from the second quarter ended June 30, 2023 (“QoQ”) and a 72.1% increase from the third quarter ended September 30, 2022 (“YoY”).

Key Points: 
  • Total revenues were KRW 176,145 million (US$ 130,685 thousand), representing a 26.3% decrease from the second quarter ended June 30, 2023 (“QoQ”) and a 72.1% increase from the third quarter ended September 30, 2022 (“YoY”).
  • Online game revenues for the third quarter of 2023 were KRW 17,316 million (US$ 12,847 thousand), representing an 1.7% increase QoQ from KRW 17,025 million and a 10.1% decrease YoY from KRW 19,271 million.
  • Ragnarok Begins started its second CBT on November 1, 2023 and is preparing to be launched in South Korea in December 2023.
  • The presentation contains the Company’s recent business updates, results of the third quarter in 2023 and Gravity’s business plan.

Activate Consulting Releases Annual Activate Outlook Report on the Future of Technology & Media in 2024

Retrieved on: 
Wednesday, October 18, 2023

SAN FRANCISCO and NEW YORK, Oct. 18, 2023 /PRNewswire/ -- Activate Consulting, the leading management consulting firm for technology, internet, media, entertainment, and sports businesses today released its annual Activate Technology and Media Outlook, a comprehensive report on the state of the internet, technology, media, and entertainment industries. The report, delivered by Activate Consulting CEO Michael J. Wolf, is available on www.activate.com/#outlook.

Key Points: 
  • SAN FRANCISCO and NEW YORK, Oct. 18, 2023 /PRNewswire/ -- Activate Consulting , the leading management consulting firm for technology, internet, media, entertainment, and sports businesses today released its annual Activate Technology and Media Outlook, a comprehensive report on the state of the internet, technology, media, and entertainment industries.
  • The report, delivered by Activate Consulting CEO Michael J. Wolf, is available on www.activate.com/#outlook .
  • In this annual report, Activate Consulting focuses on topics such as AI, Gaming, Super Users, Sports Betting and more.
  • "The forecasts shared today will profoundly impact technology, media and industries beyond that as we approach 2024 and beyond."

Ragnarok Origin Received a Foreign Version Number by Chinese Government

Retrieved on: 
Wednesday, August 30, 2023

About GRAVITY Co., Ltd. ---------------------------------------------------

Key Points: 
  • Seoul, Korea, Aug. 30, 2023 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that Ragnarok Origin received a foreign version number by Chinese government disclosed on August 29, 2023.
  • Ragnarok Origin has demonstrated the global power of Ragnarok IP with outstanding performances since its launching in Korea in 2020, Japan and North America in 2021, Taiwan, Hong Kong and Macau in 2022 and Southeast Asia in 2023, respectively.
  • Gravity said that “We are very pleased that the day we can officially introduce Ragnarok Origin to Chinese market is one step closer.
  • We will try our best to provide successful services through thorough localization steps.”

Gravity Reports Second Quarter of 2023 Results and Business Updates

Retrieved on: 
Wednesday, August 9, 2023

Total revenues were KRW 238,894 million (US$ 181,282 thousand), representing an 44.8% increase from the first quarter ended March 31, 2023 (“QoQ”) and a 147.5% increase from the second quarter ended June 30, 2022 (“YoY”).

Key Points: 
  • Total revenues were KRW 238,894 million (US$ 181,282 thousand), representing an 44.8% increase from the first quarter ended March 31, 2023 (“QoQ”) and a 147.5% increase from the second quarter ended June 30, 2022 (“YoY”).
  • Online game revenues for the second quarter of 2023 were KRW 17,025 million (US$ 12,919 thousand), representing a 25.0% decrease QoQ from KRW 22,696 million and a 31.4% decrease YoY from KRW 24,827 million.
  • Mobile game revenues were KRW 218,687 million (US$ 165,949 thousand) for the second quarter of 2023, representing a 57.3% increase QoQ from KRW 138,994 million and a 221.4% increase YoY from KRW 68,042 million.
  • The presentation contains the Company’s recent business updates, results of the second quarter in 2023 and Gravity’s business plan.