What is the relationship between Cdiscount and e-commerce in the context of the input sentence. Choose an answer from: product/material produced; manufacturer; distributed by; industry; position held; original broadcaster; owned by; founded by; distribution format; headquarters location; stock exchange; currency; parent organization; chief executive officer; director/manager; owner of; operator; member of; employer; chairperson; platform; subsidiary; legal form; publisher; developer; brand; business division; location of formation; creator.

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.

Answer: industry