Redditor nerdlygames had no idea what this thing is, but had to buy it. Others introduced him to Kobitos, a line of Japanese toy characters. This character is Hiding Peach Bottom Kobitos, who lives in peach orchards and sucks the sugar out of ripe peaches. Kobitos (previously at Neatorama) are kind of like fairies, in that they inhabit the natural world, but are unseen as they go about their daily business. But of course, you can buy a doll representing them.
Healing Green Wing Kobitos flies around the woods, spreading a pleasant fragrance come its wings. House Princess Kobitos lives in houses, plays with mosquitos, and may hide your possessions. Red Mushroom Kobitos lives in the woods, have gentle dispositions, and are tasty in a stew, once you remove the poisonous parts. There are plenty of others to select from.
(Image credit: nerdygames)