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We report on a new and facile method for the preparation of well-dispersed gold-palladium (AuPd) flower-shaped nanostructures on sheets of graphene oxide (GO). Transmission electron microscopy and high angle annular dark field STEM were used to characterize the morphology and composition of the new nanohybrids. The AuPd/GO composites display high electrocatalytic activity for the oxidation of ethanol in strongly alkaline medium as examined by cyclic voltammetry and chronoamperometry. Both the current density (13.16 mA · cm at a working potential of −0.12 V) and the long-time stability are superior to a commercial Pd-on-carbon catalyst which is attributed to the cooperative action of the catalytic activities of Au and Pd, and the good dispersion of the alloy on the nanosheets. [Figure not available: see fulltext.] [ABSTRACT FROM AUTHOR]