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Amazon Sales Predicted To Rise
Description
Amazon's global ecommerce sales will reach $416.48 billion in 2020, according to Business Insiders latest latest estimates.
Consumers are relying more heavily on e-commerce due to COVID-19.
The new figure is about $12 billion more than our pre-pandemic estimates.
Most of Amazon's sales come from the US.
However, the pandemic has also fueled growth in Germany, the UK and Japan.
Amazon's US business will be up nearly $9 billion compared with our pre-pandemic figure, reaching $269.41 billion in 2020.
Consumers are relying more heavily on e-commerce due to COVID-19.
The new figure is about $12 billion more than our pre-pandemic estimates.
Most of Amazon's sales come from the US.
However, the pandemic has also fueled growth in Germany, the UK and Japan.
Amazon's US business will be up nearly $9 billion compared with our pre-pandemic figure, reaching $269.41 billion in 2020.
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