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An analysis of customer data compiled by Trackr suggests that Amazon's annual revenue, which reached $386 billion in 2020, will grow by another 30 percent this year and exceed $500 billion.

According to the Trackr analysis, "The projection is based on five fundamental factors, such as the pandemic-inspired online shopping trend, increasing number of new sellers onboarding Amazon, improving delivery and logistics processes, new COVID-19 mutations signaling the extended pandemic effects, and the ongoing Amazon revenue growth during the past 10 years."