An asian slang word for close friend, or homie, most likely used by "ghetto" Vietnamese friends and thugs, back in the 1990s; Although some chinese had been also known to use that word.
1, Four in Twenty Vietnamese ghetto youths, used the word "piddy" back in the 1990s.
2.The term Piddy, died out in the late 1990s, as they began to grow up, prison or death ., and though it has some what of a large popularity, it was not enough to keep the word alive.
3.Ironically in the film "Baby", the Asian gangster film, The main characters best friendname was Piddy.
it's also more general, in that someone who is pretty isn't pretty in the typical sense, but instead they are pretty, beautiful, gorgeous, sexy, etc. it's like the all encompassing word for all things that look good.
while it may in writting remind you of a hip hop mogul, when spoken it sounds nearly identical to the original word. it's simply the new way of writting it.