Amazon owns Whole Foods Market and operates Amazon Web Services.
Amazon Web Services, or AWS, is Amazon’s cloud-computing division, providing storage, databases, computing power, and other online infrastructure. Whole Foods Market is a grocery chain Amazon acquired in 2017, expanding the company’s presence in physical retail.
Amazon began as an online bookstore founded by Jeff Bezos in 1994. It expanded into a broad marketplace, logistics network, digital media company, device maker, and cloud provider. AWS became especially important because cloud services generate recurring business from companies and public organizations around the world.
Whole Foods and AWS are separate businesses, but both sit within Amazon’s corporate structure. Amazon’s market capitalization reflects investor expectations for the combined company rather than the value of its retail operations alone.