PT Express Transindo Utama Tbk (doing business under the name Express Group) 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).[2] 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.[2][3] In 2021, the company is holding a second private placement.[4]