Ragnarok V: Returns Launches in Thailand, Indonesia, and the Philippines on March 27, 2025

Seoul, South Korea, March 27, 2025 — GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a leading game developer and publisher, has announced the official launch of Ragnarok V: Returns in Thailand, Indonesia, and the Philippines. The 3D MMORPG, available on both Mobile and PC, is developed by Gravity Game Tech Co., Ltd., a wholly-owned subsidiary of Gravity.

Prior to this launch, Ragnarok V: Returns was released in other Southeast Asian countries in December 2024, where it has maintained consistent performance. A CBT held in March 2024 across Southeast Asia and Korea saw impressive engagement, attracting over 20,000 users on its first day and maintaining strong participation throughout the testing period, highlighting the game’s popularity. Players in Thailand, Indonesia, and the Philippines can now download Ragnarok V: Returns from the Google Play Store and Apple App Store, as well as install the PC version from the official website. The game is also available for download via the Huawei App Gallery throughout Southeast Asia.

According to Gravity, “We are thrilled to extend the official launch of Ragnarok V: Returns to Thailand, Indonesia, and the Philippines, completing its availability across all regions in Southeast Asia. Inspired by the strong support received from local users during the CBT in 2024, we have organized a variety of events and eagerly anticipate your ongoing interest and involvement.”

[Gravity Official Website]

[Gravity Game Tech Official Website]

[Ragnarok V: Returns Google Play Download Page]

[Ragnarok V: Returns Apple App Store Download Page]

[Ragnarok V: Returns Huawei App Gallery Download Page]

[Ragnarok V: Returns Official Website]

[Ragnarok V: Returns Official Facebook Page]

[Ragnarok V: Returns Official Thai Facebook Page]

[Ragnarok V: Returns Official Discord Community]

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 91 regions. For more information about Gravity, please visit .

Contact:

Mr. Heung Gon Kim
Chief Financial Officer
Gravity Co., Ltd.
Email:

Ms. Jin Lee
Ms. Yujin Oh
IR Unit
Gravity Co., Ltd.
Email:
Telephone: +82-2-2132-7801