Platinum Ninja explains in her blog the steps you should follow in order to take care of this cutie:
Uh oh!! There is a lost baby Panda on the loose in YoVille. He’s scared and sad He needs your help to take care of him and provide a happy home until the Zoo comes to pick him up! Let’s find out how to get your hands on this poor little guy and how to share him with your friends!
How to receive a Panda?
You want to cheer up this Panda?! It’s super easy! Keep your eyes out for Lost Panda Feeds. Once you find one click on the “Help the Panda”
If you are one of the lucky ones to get to him first you will be able to keep him around your home for a few days until he is picked up.
After he is picked up you will be rewarded for taking care of him and offered a discounted price to buy him. There are going to be so many of these cute little guys out there that need homes! So collect as many as you want
How to share a Panda with your Friends?
Keep your eyes out for this Baby Panda around Yoville. He is known to pop up around town, in your friend’s homes and may even be hiding out in your home as well! If he catches your eye make sure to click on him and click “Share” to share him with your friends. You friends can then get their hands on a panda through your Feed so help each other out!
What do you have to lose? Try to get your hands on as many of these guys as possible! You can even decorate a whole new outside area for him to hang in and show off your creative side. We’ll let you know when this cute baby is available in game, but for now expect to see him “soon” *wink wink*