Amazon owns the AWS cloud-computing business and the Whole Foods Market grocery chain.
Amazon Web Services, usually called AWS, provides computing power, storage, databases, and other online infrastructure to businesses and public organizations. Whole Foods Market is a supermarket chain that Amazon acquired in 2017. These businesses show how Amazon’s operations extend far beyond its original online bookstore.
Jeff Bezos founded Amazon in 1994, and the company began as an online bookseller before expanding into many categories. AWS became a major source of operating income and a crucial part of the company’s business identity. Amazon also operates Prime Video, logistics networks, devices such as Kindle and Echo, and a large online marketplace. Its market capitalization reflects expectations for all these activities, not simply the value of its retail website.