Chinese online giant Alibaba has increased the price range of its initial public offering (IPO), meaning it could raise more than $25bn (£15bn) when it lists in New York.
The firm said in an official filing that it expected to price its shares at between $66 and $68 a share, up from its earlier price range of $60 to $66 a share.
The increase suggests demand for the firm's shares are high.
Its listing is expected this week.
Alibaba would have a market value of up to $168bn based on the new price range, making it larger than Amazon.
Alibaba plans to use the proceeds from the listing to expand in the US and Europe, founder Jack Ma said on Monday.
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