Alibaba shares have broken $US100.
In morning trade on Tuesday, shares of the Chinese e-commerce giant, which debuted on the New York Stock Exchange on Sept. 19, crossed the $US100 mark for the first time.
At this price, the company has a market cap of more than $US250 billion, with the stock rising more than 35% from its IPO price of $US68.
Alibaba is scheduled to release its first quarterly report as a public company next Tuesday before the market open.
Business Insider Emails & Alerts
Site highlights each day to your inbox.