Happy Panda 

A happy panda is someone who is just in a good mood.It describes a happy person.

person1:How are you?
person2:Im a Happy Panda im going out with Zack now

Happy Panda by i<3youz December 25, 2010

Happy Panda 

Someone living on the top floor of a panda house, or a tree. More specifically, a ponderosa tree. These people can be described as tree-hugging liberal badasses who care about the good will and fortune of pandas.

TK lives at the top of ponderosa. She's kind of liberal, but she's a happy panda.

Happy Panda by pandalover556 October 21, 2011

happy panda 

A attractive Asian girl.
It is to be called out when you see a cute asian girl.

(as an attactive asian woman walks by) HAPPY PANDA!!!!

happy panda by Glenn Eason October 24, 2006