Gravity Co., Ltd. develops, publishes, and distributes online games in South Korea, Japan, the United States, Canada, Taiwan, the Philippines, Thailand, Hong Kong, Macau, China, and internationally. It offers online games; mobile games and applications; and other games and game-related products and services, including character-based merchandise and animation. The company also provides massively multiplayer online role playing games. In addition, it provides console games and a game for Internet protocol television; and licenses the merchandizing rights of character-related products based on its online games. Further, the company markets dolls, stationery, food, and other character-based merchandise, as well as game manuals, monthly magazines, and other publications. Additionally, it provides Website development and operation services; and sells goods related to mobile phones. The company was founded in 2000 and is headquartered in Seoul, South Korea. Gravity Co., Ltd. is a subsidiary of GungHo Online Entertainment, Inc.