E-marketplace major Snapdeal will spend USD 100 million (Rs 640 crore) in the next three years on research and development as it looks to bring solutions to enrich online shopping experience as the competition hots up in the booming e-commerce industry in India.
Analyze the relationship between 'Snapdeal' and 'e-commerce' within the context of the input sentence.
Options: headquarters location, position held, employer, industry