Caro Holdings Secures Strategic Partnership to Launch Marketplace Focused on Black-Owned Businesses

Rhea-AI Summary

Caro Holdings (OTC: CAHO) has announced a strategic partnership with Kisqueya to develop a global marketplace platform specifically designed for Black-owned businesses. The platform will function as both a two-sided marketplace (similar to Etsy and Alibaba) and a listing directory, featuring AI-powered tools for personalized discovery, predictive analytics, and automated vendor onboarding.

The initiative will be launched nationally before expanding globally, with Caro Holdings providing the digital infrastructure and AI technology, while Kisqueya, led by founder Marie-Michelle Legrand, will manage vendor outreach and market development. The platform will offer AI Analytics for real-time customer insights, personalization tools, and automated AI voice communication features.

This development comes as global e-commerce sales reached $5.8 trillion in 2023, with marketplaces accounting for over 60% of sales. The platform aims to address entry barriers faced by small and minority-owned businesses in the growing e-commerce sector.

Positive

• Strategic expansion into the growing e-commerce marketplace sector
• Implementation of advanced AI technology for analytics and automation
• Targeting underserved market segment with high growth potential

Negative

• Early stage development with unproven market acceptance
• Potential execution risks in scaling from national to global operations

SHEFFIELD, United Kingdom, April 04, 2025 (GLOBE NEWSWIRE) -- Caro Holdings Inc. (OTC: CAHO), a growth enablement company leveraging operational expertise, funding, and AI-driven tools to scale emerging brands, announces a strategic partnership with Kisqueya to expand its existing digital platform to become a fully-fledged global marketplace. The initiative will support Black-owned businesses and independent brands, with a focus on global visibility and scalable ecommerce growth.

Designed as both a two-sided marketplace - similar to Etsy, Temu or Alibaba - and a listing directory – like yelp.com - it will connect sellers with international buyers while boosting discoverability for service-based businesses. Caro Holdings will host the core digital infrastructure, ecommerce framework, and AI-powered tools that support personalised discovery, predictive analytics, and automated vendor onboarding.

The platform will launch nationally before scaling into a global hub. Kisqueya will lead vendor outreach and market development, led by founder Marie-Michelle Legrand, a Haitian entrepreneur with a background in social law. Through Kisqueya, she combines ethical commerce with community impact, supporting young women through charitable initiatives.

“This partnership supports our goal to build inclusive, AI-driven platforms for underserved markets,” said Meriesha Rennalls, Director at Caro Holdings. “With Kisqueya, we’re creating a space where Black-owned businesses can grow with the tools and visibility they need.”

The platform will offer:

• AI Analytics – Real-time insights on customer behaviour and performance
• Personalisation Tools – Tailored shopping experiences
• Automated Communication – using AI voice for streamlined engagement
  

In 2023, global e-commerce sales hit $5.8 trillion and are projected to exceed $8 trillion by 2027. Marketplaces drive over 60% of those sales, yet many small and minority-owned businesses still face barriers to entry.

“This platform is about access and opportunity,” said Marie-Michelle Legrand, Founder of Kisqueya. “We’re opening pathways for Black-owned businesses to grow and scale.”

The company anticipates continued expansion through regional partnerships and additional sector-specific deployments.

About Caro Holdings Inc.
Caro Holdings is dedicated to accelerating the growth of brands through digital innovation and AI-powered solutions. Its comprehensive suite of services includes e-commerce strategy, digital marketing, AI voice technology, and growth capital. Discover more at www.caroholdings.com.

About Kisqueya
​Kisqueya is a French boutique inspired by Haiti, offering handcrafted jewellery, accessories, and home décor. The brand blends cultural craftsmanship with social purpose, supporting young women through community-led programs. Discover more at www.kisqueya.fr.

Caro Holdings Inc.
+1 786-755-3210
ir@caroholdings.com

FAQ

What is the purpose of CAHO's new marketplace platform partnership with Kisqueya?

The platform aims to support Black-owned businesses by providing a global marketplace and directory with AI-powered tools for enhanced visibility and scalable e-commerce growth.

What key features will CAHO's new marketplace platform offer to vendors?

The platform will provide AI analytics for real-time insights, personalization tools for shopping experiences, and automated AI voice communication capabilities.

How will CAHO's marketplace platform be implemented and scaled?

The platform will initially launch nationally before expanding into a global hub, with Caro Holdings managing technology infrastructure and Kisqueya handling vendor outreach.

What is the market opportunity CAHO is targeting with this marketplace?

CAHO is targeting the growing e-commerce market, which reached $5.8 trillion in 2023, focusing on the underserved segment of small and minority-owned businesses.