WeChat and CEIBS invite MBA students to join INNOVATEChina 2015 competition

Students from world’s leading business schools challenged to create ground-breaking change in communications space

SHENZHEN, China, HONG KONG, NEW YORK, January 16, 2015 /PRNewswire/ — WeChat, the leading social communications platform, has teamed up with the China Europe International Business School (CEIBS) to jointly hold the INNOVATEChina 2015 competition which gathers MBA students from around the world in a bid to identify innovative and creative business plans.

Since 2008, the competition hosted by CEIBS has brought together world-renowned entrepreneurs and investors to work with students from international business schools in developing ground-breaking ideas for business and society.

This year CEIBS is collaborating for the first time with WeChat to host this competition which asks students to incorporate features from the WeChat platform into their business plans.

The students’ business plans can leverage the multi-dimensional communications capabilities of the WeChat platform to conceptualize new ways for people to communicate as well as deliver meaningful impact on their lives.

Six shortlisted teams will be invited to Shanghai, China to attend the competition finals where the top three winning teams will be determined. The overall winning team will receive a grand prize of US$10,000. Anyone can participate but 50% of team members must be current students or alumni from an accredited MBA program.

WeChat will also bear the expenses of all flights and accommodation for the shortlisted teams that attend the Shanghai finals.

A roadshow encompassing some of the world’s finest education institutions is taking place to showcase the competition and foster discussion with students and innovative business leaders.

The roadshow has already stopped at Stanford and Harvard in the US, with CEIBS in Shanghai due to host the final event on January 18. Speakers include leaders from WeChat and pioneering companies like Ubuntu, Flipboard, Caesars Entertainment, OTT Hub Business at Nexmo and SAP.

The competition is now open for submissions with the initial deadline for entries on January 25, 2015. All business plans and entry videos must be submitted at the "We Win With WeChat" website: www.wewinwithwechat.com

The six shortlisted finalists will be announced by early February and will join a mentoring program with the judges to further develop their business plan concept. The finals event in Shanghai will take place on March 22, 2015.

Further details of the competition and the full competition guidebook can be found at the "We Win With WeChat" site.

About WeChat

WeChat envisions and innovates new ways for people to connect, communicate and share. A mobile social communication app designed for smartphone users, WeChat is the world’s fastest growing social app with hundreds of millions of users internationally. WeChat empowers users in fun and dynamic ways, by bringing together messaging, social communication and games in one seamless, interactive experience, with comprehensive privacy and security settings that can be tailored as needed. WeChat is available free to download on Android, BlackBerry, iOS, Symbian and Windows operating system.

Learn more about WeChat and download the app at www.wechat.com

Dive into the world of WeChat through Chatterbox, WeChat’s blog: http://blog.wechat.com

Watch cool videos on WeChat’s official YouTube channel: www.youtube.com/WeChatVideo

About CEIBS

CEIBS is mainland China’s leading business school, with three programmes globally ranked by the Financial Times. Its vision is to become the most respected international business school by linking East and West in teaching, research, and business practice and by promoting China’s social and economic development through high-impact knowledge creation and dissemination.

CEIBS was established on November 8, 1994 in Shanghai. Based on its own campus in the Pudong district of Shanghai, the school is a not-for-profit joint venture established under an agreement between the Ministry of Foreign Trade and Economic Co-operation (MOFTEC, now called The Ministry of Commerce) and the European Commission. Today, CEIBS also has offices and operates programmes in Beijing, Shenzhen and Africa.

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