Analyze the relationship between 'Cdiscount' and 'e-commerce' within the context of the input sentence.
Options: owned by, parent organization, owner of, industry

Cnova includes a series of major e-commerce entities such as Cdiscount - operating in France, Belgium, Brazil, Ivory Coast, Colombia, Senegal, Panama, Ecuador, Thailand and Vietnam - and Cnova Brazil operating through Extra.com.br, Pontofrio.com and Casasbahia.com.br.
industry