Enhanced Investments - Financial Portal

Ragnarok X: Next Generation Hits the Top of Apple App Store in Southeast Asia

Published: 2021-06-23 10:00:00 ET

Seoul, Korea, June 23, 2021 (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 MMORPG mobile game, has been officially launched in 9 countries within Southeast Asia on June 18, 2021 and the game has been ranked as the top of Apple App Store in Southeast Asia.

WhenRagnarok X: Next Generation was previously launched in Taiwan, Hong Kong and Macau on October 15, 2020, it ranked as the first in top grossing of Apple App Store and Google Play.

Having continued an outstanding success in Taiwan, Hong Kong and Macau, more than 3 million accounts have been achieved in the pre-registration opened in Southeast Asia since April 23, 2021.

As if to prove such expectations, the game ranked as the first in top grossing of Apple App Store in Thailand, Indonesia and the Philippines. It also exceeded 2 million downloads in Southeast Asia within 5 days after launching and sensational hit has been predicted in game market in Southeast Asia.

Gravity said that “We are very pleased and thankful to users who have showed a lot of interest in launching of Ragnarok X: Next Generation in Southeast Asia. We are aware of long waits and tried our best to satisfy user’s expectation. Please enjoy playing the game and we will operate game services with close communication to users.”

Nuverse (Hong Kong) Limited (“Nuverse”), a global game development and publishing company, publishes this game and Gravity Game Tech Co., Ltd., Gravity’s subsidiary in Thailand, supports the Nuverse as a joint publisher.

[Ragnarok X: Next Generation Official Website] https://www.ragnarokx.com

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

[Ragnarok X: Next Generation_Apple App Store]

https://apps.apple.com/app/id1545808948

[Ragnarok X: Next Generation_Google Playstore]

https://play.google.com/store/apps/details?id=com.play.rosea

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

Source: GRAVITY Co., Ltd.

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.