diff --git a/README.md b/README.md
index d57629b..1b63f34 100644
--- a/README.md
+++ b/README.md
@@ -165,9 +165,9 @@ Same as `s.appendLeft(...)`, except that the inserted content will go *before* a
 
 Same as `s.appendRight(...)`, except that the inserted content will go *before* any previous appends or prepends at `index`
 
-### s.replace( regexp, substitution )
+### s.replace( regexpOrString, substitution )
 
-String replacement with RegExp or string, a replacer function is also supported. Returns `this`.
+String replacement with RegExp or string. When using a RegExp, replacer function is also supported. Returns `this`.
 
 ```ts
 import MagicString from 'magic-string'
@@ -183,6 +183,11 @@ The differences from [`String.replace`]((https://developer.mozilla.org/en-US/doc
 - It will always match against the **original string**
 - It mutates the magic string state (use `.clone()` to be immutable)
 
+### s.replaceAll( regexpOrString, substitution )
+
+Same as `s.replace`, but replace all matched strings instead of just one.
+If `substitution` is a regex, then it must have the global (`g`) flag set, or a `TypeError` is thrown. Matches the behavior of the bultin [`String.property.replaceAll`](https://developer.mozilla.org/en-US/docs/Web/JavaScript/Reference/Global_Objects/String/replaceAll).
+
 ### s.remove( start, end )
 
 Removes the characters from `start` to `end` (of the original string, **not** the generated string). Removing the same content twice, or making removals that partially overlap, will cause an error. Returns `this`.
diff --git a/src/MagicString.js b/src/MagicString.js
index e45ad2e..2a6fe77 100644
--- a/src/MagicString.js
+++ b/src/MagicString.js
@@ -736,7 +736,7 @@ export default class MagicString {
 		return this.original !== this.toString();
 	}
 
-	replace(searchValue, replacement) {
+	_replaceRegexp(searchValue, replacement) {
 		function getReplacement(match, str) {
 			if (typeof replacement === 'string') {
 				return replacement.replace(/\$(\$|&|\d+)/g, (_, i) => {
@@ -759,7 +759,7 @@ export default class MagicString {
 			}
 			return matches;
 		}
-		if (typeof searchValue !== 'string' && searchValue.global) {
+		if (searchValue.global) {
 			const matches = matchAll(searchValue, this.original);
 			matches.forEach((match) => {
 				if (match.index != null)
@@ -780,4 +780,51 @@ export default class MagicString {
 		}
 		return this;
 	}
+
+	_replaceString(string, replacement) {
+		const { original } = this;
+		const index = original.indexOf(string);
+
+		if (index !== -1) {
+			this.overwrite(index, index + string.length, replacement);
+		}
+
+		return this;
+	}
+
+	replace(searchValue, replacement) {
+		if (typeof searchValue === 'string') {
+			return this._replaceString(searchValue, replacement);
+		}
+
+		return this._replaceRegexp(searchValue, replacement);
+	}
+
+	_replaceAllString(string, replacement) {
+		const { original } = this;
+		const stringLength = string.length;
+		for (
+			let index = original.indexOf(string);
+			index !== -1;
+			index = original.indexOf(string, index + stringLength)
+		) {
+			this.overwrite(index, index + stringLength, replacement);
+		}
+
+		return this;
+	}
+
+	replaceAll(searchValue, replacement) {
+		if (typeof searchValue === 'string') {
+			return this._replaceAllString(searchValue, replacement);
+		}
+
+		if (!searchValue.global) {
+			throw new TypeError(
+				'MagicString.prototype.replaceAll called with a non-global RegExp argument'
+			);
+		}
+
+		return this._replaceRegexp(searchValue, replacement);
+	}
 }
diff --git a/test/MagicString.js b/test/MagicString.js
index 4bc1d09..c2b9c5b 100644
--- a/test/MagicString.js
+++ b/test/MagicString.js
@@ -1308,6 +1308,27 @@ describe('MagicString', () => {
 			assert.strictEqual(s.toString(), '1 3 1 2');
 		});
 
+		it('Should not treat string as regexp', () => {
+			assert.strictEqual(
+				new MagicString('1234').replace('.', '*').toString(),
+				'1234'
+			);
+		});
+
+		it('Should use substitution directly', () => {
+			assert.strictEqual(
+				new MagicString('11').replace('1', '$0$1').toString(),
+				'$0$11'
+			);
+		});
+
+		it('Should not search back', () => {
+			assert.strictEqual(
+				new MagicString('122121').replace('12', '21').toString(),
+				'212121'
+			);
+		});
+
 		it('works with global regex replace', () => {
 			const s = new MagicString('1 2 3 4 a b c');
 
@@ -1347,4 +1368,61 @@ describe('MagicString', () => {
 			);
 		});
 	});
+  
+	describe('replaceAll', () => {
+		it('works with string replace', () => {
+			assert.strictEqual(
+				new MagicString('1212').replaceAll('2', '3').toString(),
+				'1313',
+			);
+		});
+
+		it('Should not treat string as regexp', () => {
+			assert.strictEqual(
+				new MagicString('1234').replaceAll('.', '*').toString(),
+				'1234'
+			);
+		});
+
+		it('Should use substitution directly', () => {
+			assert.strictEqual(
+				new MagicString('11').replaceAll('1', '$0$1').toString(),
+				'$0$1$0$1'
+			);
+		});
+
+		it('Should not search back', () => {
+			assert.strictEqual(
+				new MagicString('121212').replaceAll('12', '21').toString(),
+				'212121'
+			);
+		});
+
+		it('global regex result the same as .replace', () => {
+			assert.strictEqual(
+				new MagicString('1 2 3 4 a b c').replaceAll(/(\d)/g, 'xx$1$10').toString(),
+				new MagicString('1 2 3 4 a b c').replace(/(\d)/g, 'xx$1$10').toString(),
+			);
+
+			assert.strictEqual(
+				new MagicString('1 2 3 4 a b c').replaceAll(/(\d)/g, '$$').toString(),
+				new MagicString('1 2 3 4 a b c').replace(/(\d)/g, '$$').toString(),
+			);
+
+			assert.strictEqual(
+				new MagicString('hey this is magic').replaceAll(/(\w)(\w+)/g, (_, $1, $2) => `${$1.toUpperCase()}${$2}`).toString(),
+				new MagicString('hey this is magic').replace(/(\w)(\w+)/g, (_, $1, $2) => `${$1.toUpperCase()}${$2}`).toString(),
+			);
+		});
+
+		it('rejects with non-global regexp', () => {
+			assert.throws(
+				() => new MagicString('123').replaceAll(/./, ''),
+				{
+					name: 'TypeError',
+					message: 'MagicString.prototype.replaceAll called with a non-global RegExp argument',
+				},
+			);
+		});
+	});
 });