This is not a licensed product.  No swing tag.

This is what I found on this:

The object in the image is a "Picabear," which is a vintage, unofficial "bootleg" plush toy from 1999 that was designed in the style of Beanie Babies. 
  • Design: These plush toys feature an embroidered Pikachu-like emblem on the chest of a small, royal blue teddy bear. 
  • Origin: They gained notoriety in the late 1990s as unofficial, fan-made or third-party collectibles that capitalized on the popularity of both Pokémon and the Beanie Baby craze. 
  • Collectibility: While not officially licensed by The Pokémon Company or Ty Inc., they have become niche items sought after by collectors of vintage bootleg toys and Pokémon memorabilia