# Who does Expedia Group, Inc. pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/expedia-group · Facet: suppliers · Updated: 2026-09-23T09:58:35.567436+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Expedia Group, Inc.'s confirmed suppliers/cost counterparties include Amazon, Alphabet (Google), Carnival Corporation. Per the valuechain.wiki graph: 3 cost edges, backed by 6 dated sources, 2 of them primary filings (as of 2026-09-23).

### Global Business Travel Group (high)
- metric: Market share 14 percent · 2025-12-31 · Ownership interest in Global Business Travel Group
- note: Expedia Group holds an approximately 14% equity interest in publicly traded Global Business Travel Group. The relationship is a strategic equity investment measured at year-end 2025.
- [confirms] U.S. Securities and Exchange Commission (EN, filing, published 2026-02-13) https://www.sec.gov/Archives/edgar/data/1324424/000132442426000008/expe-20251231.htm: "As of December 31, 2025, our equity investment represents our investment in Global Business Travel Group, Inc., a publicly traded company for which we have an approximately 14% ownership interest."

### 아마존 (high)  → /amazon.md
- note: Expedia Group uses AWS as its primary public cloud for travel-platform workloads, data processing, applications and database operations. Spending with AWS has not been disclosed.
- [confirms] U.S. Securities and Exchange Commission (EN, filing, published 2026-02-13) https://www.sec.gov/Archives/edgar/data/1324424/000132442426000008/expe-20251231.htm: "We undertook in a multi-year effort to migrate products, data storage and processing, key portions of our consumer and affiliate sites, as well as back-office application functionality, to new technology platforms and significantly increase our utilization of public cloud computing services, primarily AWS."
- [confirms] Amazon Web Services (EN, analysis, published 2022-04-19) https://aws.amazon.com/blogs/mt/how-expedia-group-built-database-as-a-service-dbaas-offering-using-aws-service-catalog/: "Expedia Group runs over 9,000 applications managed by 650 engineering teams across 400+ AWS accounts."

### 알파벳 (구글) (high)  → /alphabet.md
- note: Expedia Group buys travel-related keywords and receives meaningful website traffic through search and display advertising on Google. Spending with Google has not been separately disclosed.
- [confirms] U.S. Securities and Exchange Commission (EN, filing, published 2026-02-13) https://www.sec.gov/Archives/edgar/data/1324424/000132442426000008/expe-20251231.htm: "We receive meaningful traffic to our websites and those of our affiliates through participation in pay-per-click and display advertising campaigns on search engines, including Google."

### 카니발 (mid)  → /carnival.md
- note: Expedia Group distributes Carnival cruise inventory through online and agency channels via Expedia Cruises, while Carnival identifies travel-agent partners as integral to its long-term distribution network but does not disclose revenue attributable to Expedia.
- [confirms] Expedia Cruises (EN, ir, published 2026-02-02) https://expediafranchise.com/news/expedia-cruises-record-breaking-anchor-meeting/: "The brand set sail aboard the Carnival Celebration from Miami, FL for a seven-night Eastern Caribbean voyage."
- [confirms] SEC EDGAR (EN, filing, published 2026-01-27) https://www.sec.gov/Archives/edgar/data/815097/000081509726000007/ccl-20251130.htm: "Travel agent partners are an integral part of our long-term cruise distribution network and are critical to our success."
- [mentions] Eugene Investment & Securities Research Center (KO, research, published 2025-06-30) https://www.eugenefn.com/common/files/amail/20250630_B45_swlee6591_1011.pdf: "Cruise demand remained resilient despite macroeconomic uncertainty, and most of April's booking weakness had recovered by June."
- [confirms] Carnival Cruise Line (EN, ir, published 2019-05-03) https://www.carnival-news.com/2019/05/03/carnival-cruise-line-hosts-expedia-cruiseshipcenters-national-conference-onboard-carnival-dream-april-6-13: "More than 300 travel professionals got to Choose Fun during Expedia CruiseShipCenters' National Conference April 6-13, 2019, aboard Carnival Dream."

Reverse side: https://valuechain.wiki/expedia-group/customers.md · Ripple: https://valuechain.wiki/expedia-group/ripple.md

---
Full node: https://valuechain.wiki/expedia-group.md · JSON: https://valuechain.wiki/expedia-group.json