|Gravity Co., Ltd (GRVY)|
Gravity Co., Ltd. engages in developing and distributing online games, as well as in other related businesses principally in the Republic of Korea, the other countries in Asia, North America, South America, and Europe. It offers multiplayer online role playing games, casual online games, mobile games, and animation and character-based merchandise. The company?s principal product includes Ragnarok Online, an action adventure-based multiplayer online role playing game that combines cartoon-like characters, community-oriented themes, and combat features enabling various players to interact with one another. Its other multiplayer online role playing games comprise R.O.S.E. Online, Requiem, and Emil Chronicle Online. The company?s casual online game consists of Pucca Racing, a game play based on classic bike racing. It also licenses the merchandizing rights of character-related products based on its online games. In addition, the company provides the animation series of Ragnarok Online in DVD and video on demand formats, as well as broadcasts these series on televisions. Additionally, the company, along with its licensees, markets dolls, stationery, and other character-based merchandise, as well as game manuals, monthly magazines, and other publications. The company was founded in 2000 and is based in Seoul, Korea. Gravity Co., Ltd. operates as a subsidiary of GungHo Online Entertainment, Inc.