This porn video tag refers to a video featuring a petite, teenage ladyboy performer. A ladyboy is a colloquial term used in some countries, especially Thailand and the Philippines, for transgender women or effeminate men. In this context, the tag implies that the video stars a young, small-sized performer who identifies as a ladyboy or has feminine characteristics. The audience for such content would typically be those interested in ladyboys, trans individuals, or individuals with a specific interest in smaller-statured performers.