NASDAQ:GRVY Stock Quote
Gravity Ltd is a South Korean gaming company that specializes in the development and publishing of online and mobile games
The company is well known for its popular MMORPG (Massively Multiplayer Online Role-Playing Game) titles, which have garnered a significant following both domestically and internationally. In addition to game development, Gravity Ltd also operates various online gaming platforms and provides services related to game distribution and monetization. With a strong emphasis on innovative gameplay and engaging user experiences, the company continues to expand its portfolio by tapping into emerging gaming trends and technologies.
Frequently Asked Questions
Are there any notable accolades or awards received by GRAVITY?
GRAVITY Co., Ltd. has received several accolades and awards over the years for its contributions to the gaming industry, particularly for 'Ragnarok Online,' which has earned recognition for its design and innovation. These awards not only highlight the company's success but also establish its reputation as a leader in MMORPG development.
Does GRAVITY develop mobile games?
Yes, GRAVITY Co., Ltd. has expanded its portfolio to include mobile gaming. With the rise of mobile gaming, the company has adapted by developing mobile versions of their popular titles, including 'Ragnarok M: Eternal Love,' which has received tremendous international success and has engaged a new demographic of gamers.
How does GRAVITY approach game development?
GRAVITY Co., Ltd. approaches game development with a focus on creativity and player satisfaction. Their development process incorporates player feedback, market research, and innovative technology to create engaging gameplay. This player-centric approach has resulted in successful titles that resonate well with audiences.
How does GRAVITY engage with its gaming community?
GRAVITY Co., Ltd. actively engages with its gaming community through various channels, including social media, forums, and in-game events. They host events, competitions, and updates that encourage player interaction and feedback, which helps to create a loyal and engaged player base, vital for the success of any MMORPG.
How does GRAVITY ensure the security of its user data?
GRAVITY Co., Ltd. takes user data security very seriously, implementing robust cybersecurity measures to protect players' personal and financial information. This includes encryption, regular security audits, and adherence to privacy regulations to ensure a safe gaming environment for all users.
Is GRAVITY involved in publishing other games?
In addition to developing its own titles, GRAVITY Co., Ltd. is also involved in publishing games developed by third parties. This role allows the company to leverage its expertise in marketing and community engagement to successfully launch and manage a diversified portfolio of games across various platforms.
What are GRAVITY's future plans?
GRAVITY Co., Ltd. has ambitious future plans that include expanding their game library with new titles and continuing to improve existing games through updates and expansions. The company is also keen on exploring strategic partnerships and potentially venturing into new genres to attract a wider player base.
What are some challenges GRAVITY faces in the gaming industry?
Like many companies in the gaming industry, GRAVITY Co., Ltd. faces challenges such as market competition, rapidly changing technology, and evolving player expectations. The need to innovate continuously while maintaining game quality and managing operational costs can be demanding, requiring agile strategies and adaptability.
What are some key financials of GRAVITY?
As a publicly traded company on Nasdaq under the symbol 'GRVY', GRAVITY Co., Ltd. regularly provides financial disclosures that detail their revenue, profits, and operational metrics. The company has shown steady growth due to their successful game launches and ongoing updates, although actual financials can vary quarterly based on game performance and market conditions.
What does GRAVITY Co., Ltd. do?
GRAVITY Co., Ltd. is a South Korean video game development company that specializes in MMORPGs (Massively Multiplayer Online Role-Playing Games). Established in 2000, the company is best known for its flagship title, 'Ragnarok Online,' which gained a significant following in various regions, especially Asia. In addition to developing new games and content, GRAVITY also offers publishing services, making it a key player in the online gaming industry.
What is the company culture like at GRAVITY?
The culture at GRAVITY Co., Ltd. is characterized by creativity, collaboration, and innovation. The company encourages employees to contribute ideas to enhance game development and actively supports a team-oriented environment where passionate gaming enthusiasts can thrive. This culture plays a significant role in the company's ability to produce engaging games.
What is the flagship product of GRAVITY?
The flagship product of GRAVITY Co., Ltd. is 'Ragnarok Online,' a highly popular MMORPG that was initially launched in 2002. The game features a diverse fantasy world where players can create characters, engage in battles, complete quests, and form social connections, making it a lasting favorite in the gaming community.
What is the significance of American Depositary Shares (ADS)?
American Depositary Shares (ADS) represent a specific number of foreign company shares that are traded on U.S. exchanges. For GRAVITY Co., Ltd., ADS allows American investors to trade in their shares without dealing with foreign currencies or different regulatory environments. Each ADS corresponds to a certain number of GRAVITY’s ordinary shares, making it easier to invest in the company for U.S. investors.
What platforms does GRAVITY develop games for?
GRAVITY Co., Ltd. develops games for multiple platforms, including PC, mobile devices, and consoles. By diversifying their platform offerings, GRAVITY can reach a broader audience and cater to different gaming preferences, ensuring their products are accessible to as many players as possible.
What regions does GRAVITY target?
GRAVITY Co., Ltd. primarily targets regions with a high interest in MMORPGs, notably Asia, including South Korea, Japan, and Taiwan. Moreover, the company has also expanded its reach into Western markets, aiming to capture the growing audience for online gaming in North America and Europe, particularly through the launch of localized versions of their games.
What role does GRAVITY play in esports?
GRAVITY Co., Ltd. is actively involved in the esports scene, especially with games like 'Ragnarok.' The company supports various tournaments and competitions, fostering a competitive environment that enhances player engagement while promoting their titles. This involvement helps build a passionate community around their games.
What technologies does GRAVITY use in its game development?
GRAVITY Co., Ltd. utilizes a range of cutting-edge technologies in its game development process. These include game engines like Unity and Unreal Engine, along with custom-built solutions, to enhance graphics, gameplay mechanics, and performance. Such technological investments ensure that their games meet the high expectations of modern players.
When was GRAVITY Co., Ltd. founded?
GRAVITY Co., Ltd. was founded in 2000 by the visionary team led by Mr. Joon-Woo Park. Over the years, it has evolved from a startup focusing on a single title, 'Ragnarok,' into a prominent name in the global gaming industry, known for its innovative game development and publishing.
Who are the key executives at GRAVITY?
The leadership team at GRAVITY Co., Ltd. includes seasoned professionals with extensive experience in the gaming industry. Notable figures include CEO Joon-Woo Park, who has been instrumental in the company's growth, alongside other executive members overseeing areas such as game development, marketing, and finance, all working collaboratively to drive the company’s vision.
What is the current price of GRAVITY Co., Ltd. - American depositary shares?
The current price of GRAVITY Co., Ltd. - American depositary shares is 61.17
When was GRAVITY Co., Ltd. - American depositary shares last traded?
The last trade of GRAVITY Co., Ltd. - American depositary shares was at 1:54 pm EDT on April 2nd, 2025
What is the market capitalization of GRAVITY Co., Ltd. - American depositary shares?
The market capitalization of GRAVITY Co., Ltd. - American depositary shares is 425.06M
How many shares of GRAVITY Co., Ltd. - American depositary shares are outstanding?
GRAVITY Co., Ltd. - American depositary shares has 6.95M shares outstanding.