Gravity Co. Launches Ragnarok: The New World, Achieves #1 App Store Rankings in Taiwan, Hong Kong, and Macau

GRVY
January 16, 2026

On January 15 2026, Gravity Co., Ltd. released Ragnarok: The New World, an open‑world MMORPG, through its wholly‑owned subsidiary GRAVITY Game Vision on the Apple App Store and Google Play in Taiwan, Hong Kong and Macau.

The title immediately captured the top spot in both the free‑download and top‑grossing categories on the Apple App Store in all three regions. In Taiwan and Macau it also topped the paid‑download charts, while in Hong Kong it ranked third in paid downloads but still secured the #1 position in free downloads and top‑grossing.

The launch follows a series of recent Ragnarok titles that have reinforced the franchise’s presence across mobile and console platforms. Gravity’s Q3 2025 revenue of KRW 138,894 million (≈US$98.9 million) reflected an 18.7% decline from the prior quarter but an 8.2% increase year‑over‑year, driven largely by the continued performance of core mobile titles. The new open‑world entry is expected to tap into the growing demand for immersive, persistent worlds in the Asian mobile market, potentially boosting the company’s mobile game segment and diversifying its revenue mix.

The move aligns with Gravity’s broader strategy to expand the Ragnarok IP into new genres and markets. By launching an open‑world MMORPG, the company aims to attract a broader user base and create additional monetization opportunities through in‑game purchases and subscription models, complementing its existing free‑to‑play titles.

While the immediate chart success signals strong market reception, the long‑term impact will depend on player retention and monetization performance. Nevertheless, the launch positions Gravity to capitalize on the growing mobile gaming ecosystem in Taiwan, Hong Kong and Macau and strengthens its competitive stance against rivals such as DoubleDown Interactive and Sohu.com.

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