Express Group (Indonesia)
PT Express Transindo Utama Tbk is an Indonesian ground transportation company headquartered in Jakarta. Until the end of 2021, this company operates 130 taxi units and 40 bus units in Jadetabek (Greater Jakarta). Express Group is also the second largest taxi company in Indonesia after Blue Bird Group.
History
The company began its history in 1981 as a trading and distribution firm under the name "PT Kasih Bhakti Utama." In 1991, it changed its name to its current title and shifted its focus to land transportation. In 2002, the company implemented a partnership scheme that allows drivers to operate one unit of the company's vehicle for five to seven years, after which the vehicle can belong to the driver. In 2010, the company began offering premium taxi services, and in 2012, it was officially listed on the Indonesia Stock Exchange. In 2021, the company is holding a second private placement.Subsidiaries
Until the end of 2021, this company has 16 subsidiaries, namely:- PT Wahyu Mustika Kinasih, engages in the taxation sector in Tangerang City, Banten
- PT Semesta Indoprima, engages in the taxation sector in West Jakarta, Special Capital Region of Jakarta
- PT Tulus Sinar Selatan, engages in the taxation sector in South Jakarta, Special Capital Region of Jakarta
- PT Mutiara Express Perdana, engages in the taxation sector in Bekasi City, West Java
- PT Fajar Mutiara Timur, engages in the taxation sector in South Tangerang, Banten
- PT Express Kencana Lestari, engages in the taxation sector in Depok, West Java
- PT Ekspres Sarana Batu Ceper, engages in the taxation sector in Bekasi City, West Java
- PT Ekspres Mulia Kencana, engages in the taxation sector in Bekasi City, West Java
- PT Indo Semesta Luhur, engages in the taxation sector in Surabaya, East Java
- PT Express Kartika Perdana, engages in the taxation sector in Surabaya, East Java
- PT Express Limo Nusantara, engages in the taxation sector in Medan, North Sumatra
- PT Satria Express Perdana, engages in the taxation sector in Semarang, Central Java
- PT Express Sabana Utama, engages in the taxation sector in Padang, West Sumatra
- PT Lendang Karun, engages in the taxation sector in Mataram, West Nusa Tenggara
- PT Express Jakarta Jaya, engages in Jakarta
- PT Mutiara Kencana Sejahtera, engages in Jakarta