Take context from the input text and decide on the accurate relationship between 'Cdiscount' and 'e-commerce' from the options provided.
Options: owner of, parent organization, industry, owned by

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