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Wellington's first public electricity supply was established in 1904, alongside the introduction of electric trams, and was originally supplied at 105 volts 80 hertz. The conversion to the now-standard 230/400 volts 50 hertz began in 1925, the same year the city was connected to the Mangahao hydroelectric scheme. Between 1924 and 1968, the city ...
Similarly, the 700-employee room rental start-up Airbnb was valued at $10 billion in 2014, about half as much as Hilton Worldwide, which employs 152,000 people. At that time, Uber employed 1,000 full-time employees and was valued at $18.2 billion, about the same valuation as Avis Rent a Car and The Hertz Corporation combined, which together ...
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