Gravity Launches Ragnarok: Twilight and Ragnarok Zero in Taiwan, Hong Kong, and Macau

GRAVITY Co., Ltd. launched Ragnarok: Twilight and Ragnarok Zero in Taiwan, Hong Kong, and Macau, achieving strong market performance. Ragnarok: Twilight ranked second on Apple App Store in Taiwan and first in free downloads across all regions. Ragnarok Zero ranked third on Bahamut and attracted over 2,000 viewers during a live broadcast on launch day. The company expressed gratitude for the positive response and committed to enhancing the Ragnarok IP.

Gravity Co., Ltd. (NASDAQ: GRVY), a developer and publisher of online and mobile games, has announced significant market success for its Ragnarok IP titles in Taiwan, Hong Kong, and Macau. On July 3, 2025, the company launched Ragnarok: Twilight, a mobile MMORPG, and Ragnarok Zero, a PC MMORPG, in the region.

Ragnarok: Twilight achieved impressive rankings after its launch, securing the second position in Apple App Store's top grossing category in Taiwan and high rankings across other platforms and regions. It ranked first in free downloads on Google Play in Taiwan and secured top download positions across all three markets before launch, indicating exceptional pre-release marketing effectiveness. The mobile title also ranked second in revenue rankings on Taiwan's App Store and sixth in Macau and Hong Kong, suggesting substantial early monetization.

Ragnarok Zero, the PC MMORPG, ranked third on Bahamut in both overall and PC game categories, signaling strong community engagement in a competitive PC gaming market. The game's launch broadcast attracted over 2,000 local viewers, with special in-game events driving high concurrent user numbers.

Gravity's simultaneous launch of two Ragnarok IP titles demonstrates a successful regional expansion strategy, leveraging its established franchise while adapting to regional market preferences. The company's positive user feedback and strong initial player retention suggest a promising future for the Ragnarok IP in East Asian markets.

References:
[1] https://www.stocktitan.net/news/GRVY/two-ragnarok-ip-titles-achieved-top-game-rankings-in-taiwan-hong-wx01i1fxhe9r.html
[2] https://www.nasdaq.com/articles/gravity-co-ltd-launches-ragnarok-twilight-mmorpg-mobile-game-taiwan-hong-kong-and-macau