<p>Beijing: WeWork China will not participate in the strategic reorganisation of WeWork in the United States and Canada, it said on Tuesday.</p><p>WeWork China is not a branch or unit of WeWork, it said in a statement on WeChat, adding the company has independent operations and management capabilities.</p>.SoftBank's WeWork, once most valuable US startup, succumbs to bankruptcy. <p>WeWork, the SoftBank Group-backed startup, sought US bankruptcy protection on Monday, after its bets on companies using more of its office-sharing space soured.</p><p>"Any operating conditions of WeWork in other regions around the world will not have any impact on WeWork China," it added.</p>
<p>Beijing: WeWork China will not participate in the strategic reorganisation of WeWork in the United States and Canada, it said on Tuesday.</p><p>WeWork China is not a branch or unit of WeWork, it said in a statement on WeChat, adding the company has independent operations and management capabilities.</p>.SoftBank's WeWork, once most valuable US startup, succumbs to bankruptcy. <p>WeWork, the SoftBank Group-backed startup, sought US bankruptcy protection on Monday, after its bets on companies using more of its office-sharing space soured.</p><p>"Any operating conditions of WeWork in other regions around the world will not have any impact on WeWork China," it added.</p>