This is the Little Tikes Pelican Explore & Fit Cycle, an indoor fitness product for children aged 3-7, launched by Little Tikes, a toy brand under MGA Entertainment.
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Modeled after a spinning bike, it features kid-friendly adjustable resistance settings, an adjustable seat and handlebars, and the bike can be safely tilted back and forth for more thrills.
The handlebar has a holder for smart devices that can play video content. Plus, the product has a built-in Bluetooth speaker that kids can use to play their favorite tunes.