Gravity Co. Confirms ISBN for Ragnarok: Rebirth, Eyes Chinese Market
Gravity Co., Ltd. has announced that its mobile game, Ragnarok: Rebirth, has received an ISBN in China, following its recent achievements in Southeast Asia.
Game’s Strong Southeast Asia Performance
Gravity Co., Ltd. disclosed that its mobile 3D MMORPG, Ragnarok: Rebirth (Chinese Title: 仙境傳说：重生), has been granted an ISBN code by the Chinese government. This marks the third ISBN registration for Ragnarok intellectual property (IP) titles in 2024. Since its June 2024 launch in Southeast Asia, the game has excelled, topping download charts on both the Apple App Store and Google Play in various countries. It also performed impressively in Macau, achieving high ranks in gross revenue. Gravity expressed optimism about launching in China, citing the game’s strong performance in multiple regions.
Pivotal Opportunities Ahead
- The ISBN code for Ragnarok: Rebirth opens doors for expansion into the lucrative Chinese gaming market, significantly enhancing the potential audience.
- The game’s success is evident, as it ranked first in free downloads on the Apple App Store and Google Play in several Southeast Asian nations, indicating its popularity and revenue-generating prospects.
- In Macau, Ragnarok: Rebirth reached second place in top-grossing apps on the Apple App Store and fifth on Google Play, underscoring its monetization ability and market draw.
- This marks Gravity’s third successful ISBN acquisition for Ragnarok IP titles in 2024, which demonstrates the company’s commitment to leveraging its popular franchise for growth opportunities.
Challenges to Consider
- Heavy reliance on the Ragnarok franchise could be risky if future game releases do not meet performance expectations.
- Navigating the complexities of the Chinese market presents challenges that might affect overall revenue, given its significance in the gaming industry.
Frequently Asked Questions
What is Ragnarok: Rebirth?
Ragnarok: Rebirth is a mobile 3D MMORPG developed by Gravity, belonging to the well-known Ragnarok franchise.
When was Ragnarok: Rebirth launched?
The game officially launched in Southeast Asia in June 2024 and received its ISBN code in December 2024.
How well has Ragnarok: Rebirth performed in app stores?
Ragnarok: Rebirth took first place in free downloads on the Apple App Store in numerous Southeast Asian countries and secured the second spot on Google Play in Thailand.
What does the ISBN code signify?
The ISBN code, issued by the Chinese government, allows Ragnarok: Rebirth to enter the Chinese market, signaling a significant expansion opportunity for the game.
Who is behind the development of Ragnarok: Rebirth?
Ragnarok: Rebirth is developed and published by Gravity Co., Ltd., a prominent online and mobile games company.
Disclaimer: This summary is based on a press release circulated by GlobeNewswire. It may contain errors. For the complete release, click here.
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Full Press Release
Seoul, Dec. 30, 2024 (GLOBE NEWSWIRE) — GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity”), known for its online and mobile game development, announced today that Ragnarok: Rebirth (Chinese Title: 仙境傳说：重生) has acquired an ISBN code from the Chinese government, disclosed on December 24, 2024.
This new title marks Gravity’s third ISBN for Ragnarok IP in 2024, following Ragnarok Online (Chinese Title: 仙境传说起源) in February and Ragnarok Dawn (Chinese Title: 仙境传说：破晓) in June.
Since its launch in Southeast Asia in June 2024, Ragnarok: Rebirth has continued to perform well, ranking first in free downloads on the Apple App Store in Thailand, Philippines, Indonesia, and Malaysia, and second on Google Play in Thailand.
In October 2024, the game led free downloads on the Apple App Store in Taiwan, Hong Kong, and Macau. It reached second place on Google Play in Hong Kong and Macau, and third in Taiwan during its pre-download phase. After officially launching in Macau, it placed second in top-grossing on Apple App Store and fifth on Google Play, indicating strong market acceptance.
Gravity stated, “We are thrilled to bring Ragnarok: Rebirth (仙境傳说：重生) to Chinese players. Our performance across all regions has been strong, and we are dedicated to providing exceptional service in the Chinese market.”
[Gravity Official Website]
http://www.gravity.co.kr
About GRAVITY Co., Ltd. —————————————————
Gravity is a leading developer and publisher of online and mobile games. Its flagship product, Ragnarok Online, remains popular in several global markets, including Japan and Taiwan, and is currently available in 91 regions. For more information, please visit
http://www.gravity.co.kr
.
For inquiries:
Mr. Heung Gon Kim
Chief Financial Officer
Gravity Co., Ltd.
Email:
kheung@gravity.co.kr
Ms. Jin Lee
Ms. Yujin Oh
IR Unit
Gravity Co., Ltd.
Email:
ir@gravity.co.kr
Telephone: +82-2-2132-7801
This article was originally published on Quiver News; read the complete story.
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
