November 20, 2019 / 12:03 AM / 6 months ago

Mexico's Cemex strikes deal to enter Chinese market

MEXICO CITY, Nov 19 (Reuters) - Mexican cement maker Cemex said on Tuesday that its corporate venture capital unit has struck a deal to enter the Chinese market by partnering with two local firms.

The company said it had signed an agreement to work with Glodon, a digital platform service provider, and Interdream Ventures, a venture capital firm.

Cemex said the partnership should allow it to build relationships with startups and other companies in China. (Reporting by Mexico City Newsroom)

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