Analyze the relationship between 'Freecharge' and 'Snapdeal' within the context of the input sentence.
Options: owned by, director/manager, industry, position held

This year alone, Snapdeal has acquired payments and mobile recharge startup Freecharge in a cash-and-stock deal (estimated at USD 400-450 million), MartMobi, Letsgomo Labs and Reduce Data.
owned by