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