GRVY

GRAVITY Co., Ltd. develops and publishes massively multiplayer online role-playing games (MMORPGs) and mobile games primarily for the Asian gaming market. Headquartered in Seoul, South Korea, the company was founded in 2000 and operates through subsidiaries in Taiwan, Thailand, and the United States. GRAVITY is best known for its flagship title "Ragnarok Online," which launched in 2002 and remains one of the longest-running MMORPGs in the industry, generating consistent revenue through subscription fees, in-game purchases, and licensing agreements. The company has expanded its intellectual property into mobile platforms with titles including "Ragnarok M: Eternal Love," "Ragnarok Origin," and "Ragnarok X: Next Generation," which have achieved significant commercial success particularly in Southeast Asian markets. GRAVITY operates on a multi-revenue model that includes direct game operations, licensing fees from regional publishers, royalties, and merchandise. The company maintains development studios and publishing operations across multiple territories, allowing it to localize content and maximize regional market penetration. Recent strategic initiatives include expanding its mobile game portfolio, developing new titles based on existing IP, and strengthening partnerships with regional publishers in China, Southeast Asia, and other emerging markets. GRAVITY continues to leverage its established brand recognition while adapting to evolving player preferences in the competitive online gaming sector.