Gravity Co., Ltd. GRVY

Company Overview

Gravity Co., Ltd. is a publicly traded video game developer and publisher specializing in online, mobile, and PC-based games. The company operates primarily within the interactive entertainment and digital gaming industries, with a strong focus on massively multiplayer online role-playing games (MMORPGs) and mobile adaptations of established intellectual property. Gravity’s core revenue drivers are game development, game publishing, and the licensing of its proprietary content to third-party operators.

The company is best known for the long-running Ragnarok Online franchise, which has served as its flagship product and a foundational asset for brand recognition and recurring revenue. Gravity was founded in 2000 in South Korea and gained international attention in the early 2000s with the global success of Ragnarok Online. Over time, the company expanded from PC-based online games into mobile gaming and global publishing, while becoming a majority-owned subsidiary of GungHo Online Entertainment, a Japanese gaming company.