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Vogue
11-08-2025
- Vogue
This Sleek, Serene Resort in Santorini Offers Respite From the Crowds
Sandblu also has relationships with a variety of local vendors who can cater to your various travel whims. Tell the front desk that you want to go horseback riding, and they'll make a call so that you're trotting along the beach and through the mountains in no time. You can also rent a boat for a sailing tour of the island, where your own personal captain will take you to some of the best swimming spots that Santorini has to offer and even cook a fresh seafood lunch onboard. If you're in the mood for some self-guided exploration, on the other hand, the resort's entrance is right across the street from a charming scooter rental agency called Santoride Rent-a-Moto. The owner is a spirited Greek woman named KiKi whose cropped and colorful haircut reminds me of the singer P!nk. (I had a feeling her music must have reached the shores of Santorini, and further research on P!nk's Greek chart numbers supports the fact she was a likely inspiration for the 'do.) While there are multiple means of transportation for getting around Santorini, including taxi services and a public bus system, motor-bikes came most highly recommended by Sandblu staff and locals. Depending on your preferred mode of transportation—ATV, scooter, buggy—a rental at Santoride will run you anywhere from €40 to €70 a day if you include fuel and insurance. KiKi will even provide a map where she circles her recommendations for the best beaches, restaurants, and hidden gems on the island before sending you off. A sampling of dishes from Kaliya. Photos: Courtesy of Keaton Bell A view of Oia at dusk. Sandblu's discreet location is a welcome refuge from tourist-dense hubs like Thira, where you could easily waste a day sampling olive oils and fine linens at the variety of shops. After buying ashtrays and soaps for friends back home, I ended my day walking around Thira with dinner at the Greek fusion restaurant Kaliya, which came highly recommended by the Sandblu staff. Built out of a 1950s-era building at the top of a caldera overlooking the Aegean Sea, it's worth braving the crowds for some fabulous food and jaw-dropping views. My table sampled everything from the wild lobster spaghetti to the braised lamb over rosemary potatoes, with each dish more decadent and perfectly seasoned than the last. Located on the northern tip of Santorini, the village of Oia is famed for the blue-domed homes built directly into the cliffside (the type you see on the cover of every Greek travel guide). Compared to the relative serenity of Sandblu and its surrounding villages, both Thira and Oia are where the bulk of restaurants, resorts, and shops are located. Home to less than a thousand permanent residents—but always bustling with the nearly three million tourists estimated to visit Santorini each year—the village is somehow even more picturesque than its popularity as a postcard would suggest. It's delightful enough just to walk through Oia soaking in the views, but the village also boasts some of the best shopping on the island. Whether you're looking for a locally made pashmina or a stack of Greek Playboys from 1996, there's a variety of treasures to be found.
Yahoo
05-07-2025
- Business
- Yahoo
Lime's Long-Awaited IPO Is Finally on Track: Uber-Backed Scooter Startup Reports $686M Revenue and 'Cash Flow Positivity'
Lime, the electric bike and scooter rental startup backed by Uber (NYSE:UBER), has hired Goldman Sachs (NYSE:GS) and JPMorgan Chase (NYSE:JPM) to prepare for a U.S. initial public offering expected to launch next year, Reuters reports. Founded in 2017, Lime operates in more than 280 cities across nearly 30 countries, offering short-term rentals for electric bikes and scooters. According to Reuters, the San Francisco-based startup has been considering a public listing for several years, but the current uptick in IPO activity may provide a timely window to execute the move. Don't Miss: Maximize saving for your retirement and cut down on taxes: . Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. In February, Lime reported a 32% increase in net revenue, reaching $686 million for 2024. The company also confirmed that it was free cash flow positive for the second year in a row, a rare feat in the micromobility sector, which has historically struggled to stay afloat. Lime CEO Wayne Ting described 2024 as "an exceptional year" for the company, citing strong results across key financial and operational metrics, including record profits and expanded global reach. 'We grew profits faster than revenue in 2024, posting another record year of results through serving more than 24 million riders in hundreds of communities around the world and bringing Lime to more cities globally,' Ting said in a statement. 'While we saw record demand in 2024, we're just scratching the surface of micromobility's potential to transform cities and better connect people.' Trending: GoSun's Breakthrough Rooftop EV Charger Already Has 2,000+ Units Reserved — According to Reuters, the potential IPO follows a broader rebound in the U.S. public listing market, which raised nearly $27 billion in 2024 so far, a 45% increase compared to the same period last year. Although the total still falls short of the 2021 record of $177 billion, companies like Circle Internet (NYSE:CRCL), which recently raised over $1 billion through an IPO, have signaled growing investor interest in growth-stage tech firms, Reuters says. Lime's IPO may test investor sentiment in the micromobility space, where competitors like Bird have filed for bankruptcy in recent years, Reuters reports. Unlike others in its category, Lime received prior investment from Uber and is among the few micromobility firms still pursuing public markets. Uber led a funding round for Lime in 2020, at which time the company was reportedly valued at $510 million. According to Reuters, sources familiar with the matter expect the upcoming IPO to value Lime significantly higher than its last reported valuation, although exact figures have not yet been sustainability remains a core focus for Lime as it scales globally. According to the company, Lime riders helped avoid an estimated 20,000 metric tons of CO₂ emissions in the last year by replacing car trips with shared electric vehicles. Lime estimates its service replaced over 43 million car trips in 2024 and prevented the consumption of roughly 2.2 million gallons of gasoline, equal to approximately 8.5 million liters. The company says it also continues to lower its own operational footprint. By offering electric scooters and bikes for trips under five miles, Lime says it aims to shift the way urban communities move while supporting city efforts to reduce traffic congestion and meet climate goals. Read Next: How do billionaires pay less in income tax than you?. Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Lime's Long-Awaited IPO Is Finally on Track: Uber-Backed Scooter Startup Reports $686M Revenue and 'Cash Flow Positivity' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-07-2025
- Business
- Yahoo
Lime's Long-Awaited IPO Is Finally on Track: Uber-Backed Scooter Startup Reports $686M Revenue and 'Cash Flow Positivity'
Lime, the electric bike and scooter rental startup backed by Uber (NYSE:UBER), has hired Goldman Sachs (NYSE:GS) and JPMorgan Chase (NYSE:JPM) to prepare for a U.S. initial public offering expected to launch next year, Reuters reports. Founded in 2017, Lime operates in more than 280 cities across nearly 30 countries, offering short-term rentals for electric bikes and scooters. According to Reuters, the San Francisco-based startup has been considering a public listing for several years, but the current uptick in IPO activity may provide a timely window to execute the move. Don't Miss: Maximize saving for your retirement and cut down on taxes: . Invest early in CancerVax's breakthrough tech aiming to disrupt a $231B market. In February, Lime reported a 32% increase in net revenue, reaching $686 million for 2024. The company also confirmed that it was free cash flow positive for the second year in a row, a rare feat in the micromobility sector, which has historically struggled to stay afloat. Lime CEO Wayne Ting described 2024 as "an exceptional year" for the company, citing strong results across key financial and operational metrics, including record profits and expanded global reach. 'We grew profits faster than revenue in 2024, posting another record year of results through serving more than 24 million riders in hundreds of communities around the world and bringing Lime to more cities globally,' Ting said in a statement. 'While we saw record demand in 2024, we're just scratching the surface of micromobility's potential to transform cities and better connect people.' Trending: GoSun's Breakthrough Rooftop EV Charger Already Has 2,000+ Units Reserved — According to Reuters, the potential IPO follows a broader rebound in the U.S. public listing market, which raised nearly $27 billion in 2024 so far, a 45% increase compared to the same period last year. Although the total still falls short of the 2021 record of $177 billion, companies like Circle Internet (NYSE:CRCL), which recently raised over $1 billion through an IPO, have signaled growing investor interest in growth-stage tech firms, Reuters says. Lime's IPO may test investor sentiment in the micromobility space, where competitors like Bird have filed for bankruptcy in recent years, Reuters reports. Unlike others in its category, Lime received prior investment from Uber and is among the few micromobility firms still pursuing public markets. Uber led a funding round for Lime in 2020, at which time the company was reportedly valued at $510 million. According to Reuters, sources familiar with the matter expect the upcoming IPO to value Lime significantly higher than its last reported valuation, although exact figures have not yet been sustainability remains a core focus for Lime as it scales globally. According to the company, Lime riders helped avoid an estimated 20,000 metric tons of CO₂ emissions in the last year by replacing car trips with shared electric vehicles. Lime estimates its service replaced over 43 million car trips in 2024 and prevented the consumption of roughly 2.2 million gallons of gasoline, equal to approximately 8.5 million liters. The company says it also continues to lower its own operational footprint. By offering electric scooters and bikes for trips under five miles, Lime says it aims to shift the way urban communities move while supporting city efforts to reduce traffic congestion and meet climate goals. Read Next: How do billionaires pay less in income tax than you?. Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Lime's Long-Awaited IPO Is Finally on Track: Uber-Backed Scooter Startup Reports $686M Revenue and 'Cash Flow Positivity' originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
