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TAXI on Indonesia Stock Exchange

Express Group (Indonesian Land Transportation)

Transportation company in Indonesia

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). Express Group is also the second largest taxi company in Indonesia after Blue Bird Group.2 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

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  • TickerTAXI on Indonesia Stock Exchange1
  • Industrytransport1
  • Websiteexpressgroup.co.id
  • Legal formjoint-stock company1

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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). Express Group is also the second largest taxi company in Indonesia after Blue Bird Group.2

The story

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.

From Wikipedia’s article on Express Group (Indonesia), shared under CC BY-SA 4.0.3

Products and brands

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

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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

From Wikipedia’s article on Express Group (Indonesia), shared under CC BY-SA 4.0.3

Timeline

  1. Nov 2, 2012Went public Listed on Indonesia Stock Exchange1

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Northern Trust Corp2,979,004$153.1M0.0%+831,856
Jane Street Group, LLC50,250$2.6M0.0%−51,161
Benjamin Edwards Inc50,005$2.6M0.0%+1,781
Citadel Advisors LLC16,902$868.5K0.0%New
UBS Group AG252$12.9K0.0%New

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

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