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Gravity (Korean company)

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set plans to quit as a director. The buyers of his shares were Ezer and Techno Groove (which later merged into Asian Groove) of Japan, a pair of technology ventures controlled by Il Young Ryu and Taizo and Masayoshi Son. After becoming the new majority shareholder, on 13 September 2005, Il Young Ryu was named by Gravity as its new chairman and joint chief executive. EZER subsequently returned Techno Groove's investment of 9.9 billion yen to Asian Groove, which gave up any interest in Gravity. On 19 October 2007, EZER sold their interest in Gravity to Son Assets Management or SAM.
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Jung Ryool Kim, diverted approximately $ 6 million in company funds to himself between 2002 and 2004, which eventually led to an investigation, settlement, and corrections of financial statements for those years. On 30 August 2005, Jung Ryool Kim, the controlling shareholder, sold his 52% stake and
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The company has had a rather turbulent history initially involving internal political conflicts between CEO Hakyu Kim (who eventually left the company), and company president Jung Ryool Kim (who later assumed control as CEO), but has since stabilised and expanded operations to all of north and
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Gravity faced litigation in 2006 when two US based hedge funds complained that majority shareholders and officers had violated their fiduciary obligations. In 2007, Gravity agreed to settle for $ 10 million, but continued to deny any wrongdoing.
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stopped developing the game in 2007, and the rights of ROSE Online were sold to several different companies which now develop and publish their own versions of the game. For instance,
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is considered a success in Asia, operations are not as well developed in Europe and the United States in comparison to similar products marketed and developed there.
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On 5 December 2007, Gravity announced they had formed a new US-based game developer, L5 Games. L5 is a subsidiary of Gravity Interactive, Inc. and is based in
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south-east Asia through supervised partnerships with native corporate entities. However, while Gravity Corporation's flagship product
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Gravity owns a number of subsidiary companies, which publish and develop its games in countries and regions around the world.
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Neo Cyon, Inc., established in 2000, develops and publishes mobile games and MMORPGs. It was acquired by Gravity in 2005.
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Gravity CIS, Inc. publishes games in Russia and CIS countries. It was established in 2005 and is based in
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Gravity has also developed and/or published the following titles for mobile devices or portable consoles:
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Gravity Europe SAS publishes games in Europe. It was established in September, 2006, and is based in
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Triggersoft, which created ROSE Online, was acquired by Gravity in 2005. It was liquidated in 2007.
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licensing and merchandising to develop and publish "Ice Age Online", an online game based on Fox's
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The following are games that have been published and/or are currently being developed by Gravity.
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develops and publishes its version of the game for 3 North American and 40 European countries.
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publishes games in North America. It was established in March, 2003, and is based in
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Gravity Corporation has also developed and/or published the following PC game titles:
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Ragnarok: Origin is a mobile adaptation of the franchise which was released in 2021.
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On 22 May 2006, Gravity announced it had invested $ 9 Million in US game developer
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On 14 January 2008, the company announced an exclusive seven-year deal with
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GRVY, making it the first Korean game company to be listed on the NASDAQ.
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created by Gravity. It was released in South Korea on 31 August 2007 for
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The corporation started as a small business in Shinsa-dong, Kangnam-ku,
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In 2022, Gravity released a version of Ragnarok featuring collectible
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Gravity released a mobile game titled Ragnarok: Eternal Love in 2017.
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motion picture franchise, but development was halted in 2009.
221: 74: 1186: 177: 565: 463: 422:. It was released in South Korea on 31 August 2002 for 1077:"Beginner's Guide to Ragnarok NFT (Tips and Tricks)" 974:Japan's GungHo to acquire S.Korea Gravity majority 438:as well. The game has spawned an animated series, 998:"PS Vita RPG Ragnarok Odyssey Given Release Date" 1369: 1102:"About Gravity Interactive - Gravity KR Website" 583:is a beat 'em up game based on the arcade game 270:employees, and went into liquidation in 2008. 1418:South Korean subsidiaries of foreign companies 548:massively multiplayer online role-playing game 491:massively multiplayer online role-playing game 407:massively multiplayer online role-playing game 350:massively multiplayer online role-playing game 205:massively multiplayer online role-playing game 1207: 1126:About Gravity CIS, Inc. - Gravity KR Website 828:MSN Money IPO Center - Gravity Co., Ltd. IPO 574:Double Dragon II: The Revenge § Legacy 203:primarily known for the development of the 1403:South Korean companies established in 2000 1214: 1200: 499:. Most of the game's universe is based on 1148:About Neo Cyon, Inc. - Gravity KR Website 1137:About Gravity Europe - Gravity KR Website 708:Arcturus - The Curse and Loss of Divinity 618: 600: 1398:Video game companies established in 2000 995: 453:Ragnarok Online 2: The Gate of the World 426:. Much of the game's mythos is based on 580:Double Dragon II: Wander of the Dragons 567:Double Dragon II: Wander of the Dragons 478:Ragnarok Online 2: Legend of the Second 472:Ragnarok Online 2: Legend of the Second 465:Ragnarok Online 2: Legend of The Second 447:Ragnarok Online 2: Legend of the Second 430:, but its style has been influenced by 228:and traded $ 108 million US dollars on 1370: 1221: 322: 266:. The company was composed of former 1195: 1050: 1187:Official Gravity Corporation website 550:which was created by Korean company 1378:Video game companies of South Korea 610: 315:and released in February, 2012 for 300: 16:South Korean video game corporation 13: 1051:Meena, Sumant (11 November 2021). 636: 379: 311:Ragnarok Odyssey was developed by 14: 1429: 1180: 555: 551: 503:. The soundtrack was produced by 487:라그나로크 온라인 2: Legend of the Second 359: 277:obtained 52.4% stake of Gravity. 1388:Video game development companies 409:created by Gravity based on the 136: 135: 116: 115: 1163: 1152: 1141: 1130: 1119: 1094: 1069: 1044: 1023: 1014: 989: 978: 967: 956: 945: 934: 923: 747: 554:and published by Gravity Corp. 280: 1393:Companies listed on the Nasdaq 996:Moriarty, Colin (2011-11-24). 912: 901: 890: 879: 868: 857: 832: 821: 807: 514: 1: 1408:2005 initial public offerings 1020:see 20-f form page 46 in 2009 801: 586:Double Dragon II: The Revenge 535:Rush On Seven Episodes Online 507:, well known for her work in 897:19-10-2007 SEC 13-D/A Filing 7: 1383:GungHo Online Entertainment 787: 651:Ragnarok X: Next Generation 275:GungHo Online Entertainment 154:GungHo Online Entertainment 10: 1434: 1033:. Gravity Corp. 2010-06-01 589:. It was released for the 571: 520: 469: 385: 328: 304: 215: 1344: 1318: 1230: 1159:15-11-2005 SEC 6-K Filing 985:11-06-2007 SEC 6-K Filing 963:05-12-2007 SEC 6-K Filing 952:21-11-2007 SEC 6-K Filing 941:22-05-2006 SEC 6-K Filing 930:5-11-2007 SEC 13-D Filing 919:13-09-2005 SEC 6-K Filing 908:30-08-2005 SEC 13D Filing 875:18-05-2006 SEC 6-K Filing 560:Gravity Interactive, Inc. 543: 486: 402: 345: 292: 193: 173: 159: 147: 127: 111: 101: 84: 70: 62: 52: 34: 24: 1413:Companies based in Seoul 1246:2: The Gate of the World 671:Ragnarok: Path of Heroes 646:Ragnarok M: Eternal Love 511:and other anime series. 178:Gravity Co., Ltd. Korean 1253:2: Legend of the Second 795:Ragnarok Battle Offline 458:Ragnarok Battle Offline 253:Perpetual Entertainment 95:Yoshinori Kitamura, COO 1335:Ragnarok the Animation 886:10-2005 SEC 6-K Filing 864:08-2005 SEC 6-K Filing 761:Buena Park, California 620:Ragnarok Labyrinth NFT 602:Ragnarok: Eternal Love 441:Ragnarok the Animation 268:Blizzard Entertainment 123:141,623,000,000 (2017) 714:Emil Chronicle Online 698: 444:, and a sequel game, 273:On 14 February 2008, 264:San Mateo, California 143:13,314,000,000 (2017) 1171:"2007 Annual Report" 1031:"2009 Annual Report" 661:MR!P: Miracle PORORO 196:) is a South Korean 1057:www.pocketgamer.com 757:Gravity Interactive 731:Requiem: Bloodymare 631:non-fungible tokens 337:Requiem: Bloodymare 331:Requiem: Bloodymare 324:Requiem: Bloodymare 166:Gravity Interactive 21: 846:. 30 November 2020 666:MagicPuzzle Island 97:Heung Gon Kim, CFO 19: 1365: 1364: 1288:Valkyrie Uprising 424:Microsoft Windows 354:Microsoft Windows 186:Gravity Co., Ltd. 183: 182: 169:Gravity Game Tech 79:Republic of Korea 20:Gravity Co., Ltd. 1425: 1216: 1209: 1202: 1193: 1192: 1175: 1174: 1167: 1161: 1156: 1150: 1145: 1139: 1134: 1128: 1123: 1117: 1116: 1114: 1113: 1104:. Archived from 1098: 1092: 1091: 1089: 1088: 1073: 1067: 1066: 1064: 1063: 1048: 1042: 1041: 1039: 1038: 1027: 1021: 1018: 1012: 1011: 1009: 1008: 993: 987: 982: 976: 971: 965: 960: 954: 949: 943: 938: 932: 927: 921: 916: 910: 905: 899: 894: 888: 883: 877: 872: 866: 861: 855: 854: 852: 851: 844:seekingalpha.com 836: 830: 825: 819: 818: 811: 611:Ragnarok: Origin 595:Xbox Live Arcade 545: 493:, the sequel to 488: 404: 368:20th Century Fox 347: 317:Playstation Vita 307:Ragnarok Odyssey 301:Ragnarok Odyssey 195: 139: 138: 119: 118: 93: 22: 18: 1433: 1432: 1428: 1427: 1426: 1424: 1423: 1422: 1368: 1367: 1366: 1361: 1340: 1314: 1302:Next Generation 1239:Ragnarok Online 1226: 1220: 1183: 1178: 1173:. Gravity Corp. 1169: 1168: 1164: 1157: 1153: 1146: 1142: 1135: 1131: 1124: 1120: 1111: 1109: 1100: 1099: 1095: 1086: 1084: 1075: 1074: 1070: 1061: 1059: 1049: 1045: 1036: 1034: 1029: 1028: 1024: 1019: 1015: 1006: 1004: 994: 990: 983: 979: 972: 968: 961: 957: 950: 946: 939: 935: 928: 924: 917: 913: 906: 902: 895: 891: 884: 880: 873: 869: 862: 858: 849: 847: 838: 837: 833: 826: 822: 813: 812: 808: 804: 790: 750: 701: 693:Ragnarok Begins 676:RO: Idle Poring 639: 637:Mobile/Handheld 623: 613: 605: 576: 570: 525: 519: 501:Norse mythology 496:Ragnarok Online 474: 468: 450:, (a remake of 428:Norse mythology 394:Ragnarok Online 390: 388:Ragnarok Online 384: 381:Ragnarok Online 364: 333: 327: 309: 303: 295: 289: 283: 257:Gods and Heroes 242:Ragnarok Online 218: 209:Ragnarok Online 168: 132: 96: 94: 91: 90:Hyun Chul Park 87: 39: 17: 12: 11: 5: 1431: 1421: 1420: 1415: 1410: 1405: 1400: 1395: 1390: 1385: 1380: 1363: 1362: 1360: 1359: 1354: 1348: 1346: 1342: 1341: 1339: 1338: 1331: 1322: 1320: 1316: 1315: 1313: 1312: 1305: 1298: 1291: 1284: 1277: 1270: 1267:Battle Offline 1263: 1256: 1249: 1242: 1234: 1232: 1228: 1227: 1219: 1218: 1211: 1204: 1196: 1190: 1189: 1182: 1181:External links 1179: 1177: 1176: 1162: 1151: 1140: 1129: 1118: 1093: 1068: 1043: 1022: 1013: 988: 977: 966: 955: 944: 933: 922: 911: 900: 889: 878: 867: 856: 831: 820: 805: 803: 800: 799: 798: 789: 786: 785: 784: 781: 778: 771: 768:Moscow, Russia 764: 749: 746: 745: 744: 739: 734: 727: 722: 717: 710: 700: 697: 696: 695: 690: 683: 681:Requiem Mobile 678: 673: 668: 663: 658: 653: 648: 638: 635: 622: 617: 612: 609: 604: 599: 572:Main article: 569: 564: 521:Main article: 518: 513: 470:Main article: 467: 462: 436:Asian cultures 386:Main article: 383: 378: 363: 361:Ice Age Online 358: 329:Main article: 326: 321: 305:Main article: 302: 299: 294: 291: 282: 279: 217: 214: 181: 180: 175: 171: 170: 163: 157: 156: 151: 145: 144: 133: 128: 125: 124: 113: 109: 108: 103: 99: 98: 88: 85: 82: 81: 72: 68: 67: 64: 60: 59: 54: 50: 49: 40: 35: 32: 31: 26: 15: 9: 6: 4: 3: 2: 1430: 1419: 1416: 1414: 1411: 1409: 1406: 1404: 1401: 1399: 1396: 1394: 1391: 1389: 1386: 1384: 1381: 1379: 1376: 1375: 1373: 1358: 1355: 1353: 1352:Lee Myung Jin 1350: 1349: 1347: 1343: 1337: 1336: 1332: 1329: 1328: 1324: 1323: 1321: 1317: 1311: 1310: 1306: 1304: 1303: 1299: 1297: 1296: 1292: 1290: 1289: 1285: 1283: 1282: 1278: 1276: 1275: 1271: 1269: 1268: 1264: 1262: 1261: 1257: 1255: 1254: 1250: 1248: 1247: 1243: 1241: 1240: 1236: 1235: 1233: 1229: 1224: 1217: 1212: 1210: 1205: 1203: 1198: 1197: 1194: 1188: 1185: 1184: 1172: 1166: 1160: 1155: 1149: 1144: 1138: 1133: 1127: 1122: 1108:on 2006-07-15 1107: 1103: 1097: 1082: 1078: 1072: 1058: 1054: 1047: 1032: 1026: 1017: 1003: 999: 992: 986: 981: 975: 970: 964: 959: 953: 948: 942: 937: 931: 926: 920: 915: 909: 904: 898: 893: 887: 882: 876: 871: 865: 860: 845: 841: 835: 829: 824: 816: 810: 806: 797: 796: 792: 791: 782: 779: 776: 775:Paris, France 772: 769: 765: 762: 758: 755: 754: 753: 743: 740: 738: 735: 733: 732: 728: 726: 723: 721: 718: 716: 715: 711: 709: 706: 705: 704: 694: 691: 689: 688: 684: 682: 679: 677: 674: 672: 669: 667: 664: 662: 659: 657: 654: 652: 649: 647: 644: 643: 642: 634: 632: 628: 621: 616: 608: 603: 598: 596: 592: 588: 587: 582: 581: 575: 568: 563: 561: 557: 553: 549: 541: 537: 536: 531: 530: 524: 517: 512: 510: 506: 502: 498: 497: 492: 484: 480: 479: 473: 466: 461: 459: 455: 454: 449: 448: 443: 442: 437: 433: 429: 425: 421: 420:Lee Myung-jin 417: 416: 412: 408: 400: 396: 395: 389: 382: 377: 375: 374: 369: 362: 357: 355: 351: 343: 339: 338: 332: 325: 320: 318: 314: 308: 298: 290: 287: 278: 276: 271: 269: 265: 260: 258: 254: 249: 245: 243: 237: 235: 234:ticker symbol 231: 227: 223: 213: 211: 210: 206: 202: 199: 191: 187: 179: 176: 172: 167: 164: 162: 158: 155: 152: 150: 146: 142: 134: 131: 126: 122: 114: 110: 107: 104: 100: 89: 83: 80: 76: 73: 69: 65: 61: 58: 55: 51: 48: 44: 41: 38: 33: 30: 27: 23: 1356: 1333: 1325: 1307: 1300: 1295:Eternal Love 1293: 1286: 1279: 1272: 1265: 1258: 1251: 1244: 1237: 1222: 1165: 1154: 1143: 1132: 1121: 1110:. 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Retrieved 843: 834: 823: 809: 793: 751: 748:Subsidiaries 742:Time N Tales 741: 736: 729: 725:Pucca Racing 724: 719: 712: 707: 702: 692: 685: 680: 675: 670: 665: 660: 655: 650: 645: 640: 624: 619: 614: 606: 601: 584: 579: 578: 577: 566: 534: 533: 528: 527: 526: 515: 509:Cowboy Bebop 494: 477: 476: 475: 464: 457: 451: 445: 439: 434:and various 432:Christianity 413: 393: 392: 391: 380: 372: 365: 360: 336: 335: 334: 323: 310: 296: 288: 284: 281:Legal Issues 272: 261: 250: 246: 238: 219: 207: 185: 184: 161:Subsidiaries 71:Headquarters 25:Company type 687:Ragnarok DS 556:Triggersoft 552:Triggersoft 529:ROSE Online 523:ROSE Online 516:ROSE Online 201:corporation 106:Video games 57:Video games 1372:Categories 1112:2007-12-07 1087:2022-06-21 1062:2022-06-21 1037:2011-03-18 1007:2022-06-21 850:2022-06-21 815:"그라비티 오피셜" 802:References 656:Ragnarok R 627:blockchain 505:Yoko Kanno 232:under the 198:video game 130:Net income 86:Key people 66:April 2000 1225:franchise 720:Paper Man 597:service. 403:라그나로크 온라인 313:Game Arts 194:그라비티 주식회사 37:Traded as 1330:(manhwa) 1327:Ragnarok 1223:Ragnarok 788:See also 633:(NFTs). 591:Xbox 360 415:Ragnarok 102:Products 53:Industry 1357:Gravity 1345:Related 1281:Odyssey 1274:Tactics 629:-based 546:) is a 489:; is a 405:) is a 373:Ice Age 348:) is a 346:레퀴엠 온라인 216:History 174:Website 112:Revenue 63:Founded 45::  1309:Origin 737:Stylia 544:로즈 온라인 540:Korean 483:Korean 411:manhwa 399:Korean 342:Korean 293:Titles 230:NASDAQ 190:Korean 149:Parent 43:Nasdaq 29:Public 1319:Media 1231:Games 532:, or 222:Seoul 92:(CEO) 75:Seoul 593:via 141:KRW₩ 121:KRW₩ 47:GRVY 1002:IGN 418:by 319:. 226:IPO 1374:: 1260:DS 1079:. 1055:. 1000:. 842:. 699:PC 542:: 485:: 401:: 356:. 344:: 259:. 212:. 192:: 77:, 1215:e 1208:t 1201:v 1115:. 1090:. 1065:. 1040:. 1010:. 853:. 817:. 777:. 770:. 763:. 538:( 481:( 397:( 340:( 188:(

Index

Public
Traded as
Nasdaq
GRVY
Video games
Seoul
Republic of Korea
Video games
KRW₩
Net income
KRW₩
Parent
GungHo Online Entertainment
Subsidiaries
Gravity Interactive
Gravity Co., Ltd. Korean
Korean
video game
corporation
massively multiplayer online role-playing game
Ragnarok Online
Seoul
IPO
NASDAQ
ticker symbol
Ragnarok Online
Perpetual Entertainment
Gods and Heroes
San Mateo, California
Blizzard Entertainment

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