PT Satria Antaran Prima Tbk. ("SAP Express")

What PT Satria Antaran Prima Tbk. ("SAP Express") does

PT Satria Antaran Prima Tbk. (SAPX Express) is an Indonesian publicly listed logistics and expedition company founded in 2014 that specializes in B2B distribution and Cash on Delivery (COD) services. The company serves e-commerce marketplaces, online sellers, corporate clients (including Bank BCA, Bank Mandiri, Bank BNI, Samsung, and government agency DJP), and individual shippers across Indonesia. SAPX operates an extensive domestic network comprising 250+ hubs, an 8,000-strong courier fleet, and a 13,000+ retail agent (kemitraan) network covering 7,200+ sub-districts across the archipelago from Sabang to Merauke.

The product portfolio centers on COD branded as '#JagonyaCOD', last-mile delivery, fulfillment and warehouse leasing, mailing room services for corporate clients, international shipping delivered through partners (DHL, Yusen Logistics, Solid Logistics, and WBS China for the exclusive China route), cargo transport, and express sub-brands Satria SDS (same-day) and Satria ODS (next-day). Supporting technology includes an integrated logistics management system with GPS-based real-time shipment tracking, a virtual account payment integration with Bank Mandiri, and a mobile application for booking and tracking on Google Play. The company holds ISO 9001 and ISO 27001 certifications issued by Bureau Veritas.

Revenue is generated primarily through transaction-based shipping fees and COD handling fees, complemented by subscription-style revenue from mailing room services and warehouse leasing, plus one-time partnership fees from the retail agent franchise program (entry from 350,000 IDR). The go-to-market combines a direct corporate sales team handling enterprise and government accounts, a long-tail retail agent channel, marketplace integrations (notably through PT Semangat Logistik Andalan for Tokopedia's Kurir Rekomendasi service), and international shipping partnerships.

Name

PT Satria Antaran Prima Tbk. ("SAP Express")

Legal name

PT Satria Antaran Prima Tbk.

Website

https://sapx.id

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

PT Satria Antaran Prima (SAPX Express) is an Indonesian publicly listed B2B and COD-specialist logistics company covering 7,200+ sub-districts via 250+ hubs, an 8,000+ courier fleet, and 13,000+ retail agents, serving e-commerce marketplaces, corporations, banks, government, and individual shippers.

Ownership category

akta.pro rank

Product category

Logistics Services

NAICS

Couriers and Express Delivery Services (492110), Couriers and Express Delivery Services (4921), Local Messengers and Local Delivery (49221)

SIC

Trucking & Courier Services (No Air) (4210)

akta.pro primary industry

E-commerce Express (Fast/Next-Day for Online Retailers) (TLAAABAF)

akta.pro secondary industries

Premium B2B Express & Scheduled Time-Window Delivery (TLAAABAE), Domestic Air Express (Time-Definite Air Parcel) (TLAAABAA), Third-Party / Independent PUDO Network Operators (Multi-Carrier) (TLAAAMAC)

Keywords

• Cash on delivery services
• Last mile delivery
• E-commerce fulfillment
• B2B logistics solutions
• Domestic cargo shipping

Headquarters

HQ city

Jakarta Selatan

HQ country

Indonesia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Shipping and Delivery Services: Core revenue from domestic and international shipping services, including last-mile delivery, document delivery, and cargo transportation. Revenue is generated through shipping fees based on weight, distance, and service type.
2. Cash on Delivery (COD) Services: COD collection services where SAPX collects payments from recipients on behalf of sellers. Revenue generated through COD handling fees and same-day fund settlement services.
3. Fulfillment and Warehousing: Warehouse rental and fulfillment services including storage, packing, and distribution management for e-commerce sellers
4. Mailing Room Services: Dedicated mailing and document management services for corporate clients with routine high-volume shipping needs
5. Partnership/Franchise Fees: Revenue from retail agent franchise partnerships with entry fees starting from 350,000 IDR

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

SAPX Express is a B2B and COD-focused logistics and expedition company operating across Indonesia with 250+ hubs, 8,000+ couriers, and 7,200+ sub-district coverage. It sells shipping and delivery services including Cash on Delivery (COD), last-mile delivery, fulfillment and warehousing, mailing room, international shipping, cargo shipping, express courier, and packaging services to corporate clients, e-commerce sellers, and individual shippers. The company also runs a franchise retail agent (kemitraan) network and a mobile app for online seller booking and tracking.

Product overview

SAPX Express operates as a B2B and COD-specialist logistics and expedition platform with nationwide coverage across more than 7,200 sub-districts, supported by 250+ hubs and 8,000 courier vehicles. The core offering revolves around COD services branded as '#JagonyaCOD', complemented by Last Mile Delivery, Fulfillment & Warehouse Leasing, Mailing Room, International Shipping, and Packaging services. Same-day (Satria SDS) and next-day (Satria ODS) express sub-brands serve time-sensitive needs. The platform targets three customer segments: corporate clients (Corporate Service), online/e-commerce sellers (Lapak Satria with up to 35% shipping discounts), and individual shippers (Retail), while the Kemitraan Agen Retail franchise program extends the network through third-party retail agents.

Differentiator

Problem solved

Functional benefit

Products and services

• Cash on Delivery (COD) Cash on Delivery service where SAPX Express collects payment from the recipient on behalf of the seller at the point of delivery. Marketed as #JagonyaCOD with same-day fund settlement to sellers (COD Sukses Langsung Cair), free pickup, and free returns. Targets online sellers and e-commerce businesses across Indonesia.
• Last Mile Delivery Fast, secure, and cost-effective last-mile courier service that delivers packages from SAPX Express hubs to end recipients across Indonesia's 7,200+ sub-districts. Serves e-commerce sellers, corporate clients, and individual shippers requiring final-leg delivery.
• Fulfillment & Sewa Gudang (Fulfillment & Warehouse Leasing) End-to-end fulfillment service including warehouse storage, packing, inventory management, order processing, and distribution management. Enables businesses to outsource order fulfillment operations to SAPX Express's warehouses.
• Mailing Room Centralized mail processing service for routine and large-scale shipment of valuable documents and packages. Targets corporate clients requiring dedicated, ongoing mail handling with security and efficiency.
• Pengiriman Internasional (International Shipping) International shipping service for documents and packages to overseas destinations, leveraging partner carriers including WBS China (exclusive China route partner), Solid Logistics, DHL, and Yusen Logistics. Targets businesses and individuals with cross-border shipping needs.
• Jasa Pengiriman Kargo (Cargo Shipping) Cargo shipping service handling large-volume or heavy shipments via land, sea, and air transportation modes. Serves businesses with bulk freight and oversized shipment requirements.
• Jasa Kurir Express (Express Courier) Express courier service for time-sensitive domestic shipments across Indonesia, including same-day and next-day delivery options. Targets businesses and individuals requiring fast shipment of urgent packages.
• Jasa Pengemasan (Packaging Service) Professional packaging service designed to ensure goods arrive safely at their destination, covering fragile, high-value, and sensitive items. Sold as a standalone add-on to shipping services.
• Satria SDS (Same Day Service) Same-day delivery service for intra-city shipments, promising delivery on the same day the package is picked up. Marketed as a time-definite sub-brand of SAPX Express.
• Satria ODS (One Day Service) Next-day delivery service for inter-city shipments, promising delivery the day after pickup. Marketed as a time-definite sub-brand of SAPX Express.
• Lapak Satria (Online Seller Platform) Service package specifically built for online sellers, bundling COD support, discounts of up to 35% on shipping rates, and the COD Sukses Langsung Cair (instant COD settlement) feature. Targets UMKM and marketplace sellers on platforms such as Tokopedia, Lazada, and Blibli.
• Corporate Service Tailored logistics and shipping solution bundle for corporate clients, including bulk shipment, dedicated courier, mailing room, and fulfillment services. Sold as a dedicated service package to enterprise and government accounts.
• Kemitraan Agen Retail (Retail Agent Franchise Partnership) Retail franchise partnership program allowing entrepreneurs to operate as SAPX Express retail agents offering package drop-off (resi) and pickup services. One-time partnership entry fee starts from 350,000 IDR, providing access to SAPX Express's nationwide COD network and earning potential.

Quantifiable outcome

• 13,000+ retail business partners supported with COD services
• +2 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• PT Semangat Logistik Andalan (SLA)coreStrategic or Co-development Partner · 7 December 2023Partnership for Tokopedia's Kurir Rekomendasi service where SLA manages logistics administration and SAPX provides delivery operations. This collaboration supports equitable access for UMKM sellers on Tokopedia platform, ensuring efficient logistics from purchase to delivery.
• DHLminorChannel Partner/ Reseller/ DistributorInternational shipping partner for document and package delivery to overseas destinations
• Yusen LogisticsminorChannel Partner/ Reseller/ DistributorInternational shipping partner for cross-border logistics services
• Solid LogisticsminorChannel Partner/ Reseller/ DistributorInternational shipping partner for overseas deliveries
• WBS ChinaminorChannel Partner/ Reseller/ DistributorExclusive international shipping partner for China route

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Paxel: Indonesian same-day delivery courier serving e-commerce and retail customers. Overlaps with SAPX's Satria SDS same-day service and COD offerings.
• Lion Parcel: Indonesian courier with nationwide air and ground network tied to Lion Air Group, offering express and COD services. Comparable to SAPX on time-definite domestic delivery.
• JNE (PT Jalur Nugraha Ekakurir): One of Indonesia's largest domestic courier companies, offering express delivery, COD, and trucking services nationwide. Directly competes with SAPX in the same Indonesian B2B and e-commerce last-mile segment.
• SiCepat Ekspres: Indonesia-focused e-commerce courier with same-day COD settlement and extensive sub-district coverage. Competes head-to-head with SAPX in the online seller segment.
• AnterAja: Indonesian courier offering end-to-end delivery and COD services integrated with major marketplaces. Directly comparable to SAPX on e-commerce express and COD positioning.
• Wahana Prestasi Logistik: Indonesian courier offering express, COD, and fulfillment services to e-commerce and SMB customers. Comparable to SAPX on domestic parcel and COD offerings.
• J&T Express Indonesia: Fast-growing Indonesian e-commerce courier with nationwide hub-and-spoke network and strong COD capabilities. Closest direct competitor to SAPX's Lapak Satria and COD offerings.
• Ninja Xpress (Ninja Van Indonesia): Tech-enabled SEA courier with full Indonesian coverage and COD support. Competes with SAPX on e-commerce express delivery and COD settlement.
• TIKI (PT Citra Van Titipan Kilat): Long-standing Indonesian courier with same-day, next-day, and COD services for consumers and businesses. Comparable to SAPX in express domestic delivery and corporate account handling.

Broad incumbents

• PT Pos Indonesia (Persero): State-owned national postal operator offering domestic and international postal, courier, and logistics services across Indonesia. Significantly larger and broader than SAPX, with universal service obligations.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sapx-express

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PT Satria Antaran Prima Tbk. ("SAP Express")