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Bearing the distinction of being the oldest underground train in the world after the London Underground, the funicular between Karaköy and Tünel Square opened in 1875 as a means of allowing the traders and merchants in the area a faster way of commuting up and down the steep hill. It still operates today and is a popular way of reaching Beyoğlu for those alighting at the nearby Karaköy Pier. The commute takes approximately 90 seconds and the two cars run two and fro every five minutes.