We report the observation of biexcitons (AA) and heterobiexcitons (AB) in monolayer MoS2 measured using transient absorption spectroscopy. The binding energies of these biexcitons were measured to be 35 meV and 60 meV, respectively, rendering high-order electronic correlations stable against disorder and thermal fluctuations above room temperature. Our measurements also reveal the energy distribution of the hot exciton gas during the cooling process, with cooling times of 1-2 ps. These results suggest the possibility of using biexcitons in monolayer MoS2 for room temperature excitonics applications.