Ragnarok M: Eternal Love Becomes a Hit in Southeast Asia! Grossing Rank No. 1 in iOS in 4 Countries on the Launching Day!
November 01 2018 - 6:36AM
GRAVITY Co., Ltd. (NasdaqCM: GRVY) (“Gravity” or “Company”),
a developer and publisher of online and mobile games based in South
Korea, today announced that its wholly‑owned subsidiary in the
United States, Gravity Interactive, Inc., (“Gravity Interactive”)
just launched Ragnarok M: Eternal Love in Southeast Asia and has
been hit in Southeast Asia.
Gravity announced that Ragnarok M: Eternal Love
ranked as the first in Apple’s App Store in Thailand, the
Philippines, Indonesia and Brunei based on revenues and ranked the
first in 6 countries on Apple’s App Store based on free
downloads.
Especially, Ragnarok M: Eternal Love ranked the
first in Apple’s App Store in four major markets in Southeast Asia
on the launching day. Such game already swept Asian markets
including Korea, China and Taiwan.
It is meaningful that based on free downloads,
the game ranked the first in Apple’s App store in Thailand, the
Philippines, Indonesia, Brunei, Malaysia and Singapore among 9
countries, where have Apple’s App store.
In addition, it recorded over 1,270,000
downloads, 2,910,000 pre-registration signups and over 940,000
likes on official Facebook, emerging as the core of the typhoon in
the Southeast Asian market.
Liliana Bae, Director of Gravity Business and
Executive Director of Gravity Interactive said that "I'm very
pleased and thankful for Ragnarok M: Eternal Love’s achievement
just in a day after its release in Southeast Asian markets with
great potential. We will grow together through active
communications with Southeast Asian users. We also are planning to
launch "Ragnarok M: Eternal Love" in Japan next year so we hope
gamers look forward to it.
Gravity Interactive plans to start
pre-registration Ragnarok M in North and South America and Oceania
during 2018 and to launch in the first quarter of 2019.
Gravity, on the other hand, has significant
performance in the Southeast Asian markets where have about 650
million populations and more than 5 percent annual growth rate, and
expects to have a positive impact on the future growth of companies
based on Ragnarok IP.
About GRAVITY Co., Ltd.
---------------------------------------------------
Based in Korea, 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 81 markets and countries. For more information about Gravity,
please visit http://www.gravity.co.kr.
Forward-Looking Statements:
Certain statements in this press release may
include, in addition to historical information, "forward-looking
statements" within the meaning of the "safe-harbor" provisions of
the U.S. Private Securities Litigation Reform Act 1995.
Forward-looking statements can generally be identified by the use
of forward-looking terminology, such as "may," "will," "expect,"
"intend," "estimate," "anticipate," "believe", "project," or
"continue" or the negative thereof or other similar words, although
not all forward-looking statements contain these words. Investors
should consider the information contained in our submissions and
filings with the United States Securities and Exchange Commission
(the "SEC"), including our annual report for the fiscal year ended
December 31, 2017 on Form 20-F, together with such other documents
that we may submit to or file with the SEC from time to time, on
Form 6-K. The forward-looking statements speak only as of this
press release and we assume no duty to update them to reflect new,
changing or unanticipated events or circumstances.
Contact:
Mr. Heung Gon Kim Chief Financial Officer
Gravity Co., Ltd. Email: kheung@gravity.co.kr
Ms. Sang Eun Sung IR Manager Gravity Co.,
Ltd. Email: ir@gravity.co.kr Telephone: +82-2-2132-7800
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