What is the relationship between Paytm and Alibaba Group 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.

“India is an important emerging market with strong e-commerce potential, and we look forward to partner with Paytm to deliver innovative products and services to consumers,” Alibaba Group CEO Daniel Zhang said.

Answer: owned_by