Ragnarok: Twilight Has Successfully Launched in Southeast Asia

Seoul, South Korea, Nov. 03, 2025 (GLOBE NEWSWIRE) – GRAVITY Co., Ltd. (NasdaqGM: GRVY) has announced the successful launch of its new Idle MMOARPG mobile game, *Ragnarok: Twilight*, in Southeast Asia on October 23, 2025. The game, developed by GRAVITY Game Vision, Ltd., has quickly established itself at the forefront of the mobile gaming market in the region.

Since its debut, *Ragnarok: Twilight* has achieved impressive rankings, becoming the top free download on Google Play in Thailand, Malaysia, Indonesia, and the Philippines, while securing the second spot in Singapore. In terms of gross revenue, it reached the top ten on Google Play in both Thailand and the Philippines. The game's success continues on the Apple App Store, where it ranks second in Thailand and third in Malaysia and the Philippines, further corroborating its appeal across platforms.

Players' enthusiasm has surged due to favorable reviews during closed beta testing in Southeast Asia, reinforcing the game's popularity. Previous launches in China, Taiwan, Hong Kong, and Macau also yielded successful results, including a rank of eighth in the grossing category for WeChat Mini Programs in China and solid performance in Taiwanese markets.

Gravity emphasizes that the positive response is attributed to a blend of engaging new content and the nostalgic charm of the original *Ragnarok* franchise. To bolster community engagement, the company is hosting various events to celebrate the official launch and encouraging ongoing participation and support from players.

For further information about *Ragnarok: Twilight* and to join the community, users can access the game's official website and various social media platforms.

The successful launch of "Ragnarok: Twilight" in Southeast Asia marks an important milestone for GRAVITY Co., Ltd. This latest addition to the popular Ragnarok franchise has swiftly ascended to the top ranks on both Google Play and the Apple App Store across multiple countries, notably Thailand and the Philippines. As an analyst, I advise stakeholders to assess the potential growth trajectory of GRVY based on these promising indicators.

The game’s prominent rankings, including the top position in free downloads and a significant surge in gross revenue rankings, signal robust consumer interest and engagement. The positive feedback during the closed beta test and subsequent market entry into regions with strong historical performance, like China and Taiwan, bodes well for GRAVITY's strategy of maintaining the integrity of the original gameplay while introducing new content.

From a financial perspective, the immediate success in Southeast Asia offers a noteworthy opportunity. Investors should consider the following key points:

1. **Market Penetration and Brand Strength**: The strong performance in the SEA region is indicative of the lasting appeal of the Ragnarok IP. Companies leveraging well-established franchises generally enjoy a favorable risk-reward profile.

2. **User Engagement**: The marketing strategies and community engagement initiatives, such as launch events, may significantly bolster player retention and enhance monetization opportunities in the coming quarters.

3. **Expansion Strategy**: Should "Ragnarok: Twilight" continue its success in Southeast Asia, it opens avenues for future expansions into other lucrative markets, increasing the company's overall market cap.

In conclusion, GRAVITY's strategic execution coupled with the compelling early reception positions it favorably in the gaming sector. Long-term investors may find current market conditions ripe for increased allocations in GRVY. However, as with all investments, continuous monitoring of performance metrics and market dynamics will be essential.