Take context from the input text and decide on the accurate relationship between 'Freecharge' and 'Snapdeal' from the options provided.
Options: industry, owned by, position held, director/manager

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