It’s the diminutive (little) form of the Hebrew word “bubah” which means “doll.”

RE:
What is the origen/ meaning of the word BOBALA??
So I now know the word is Bubalah! It is a term of endearment of sorts but what exactly does it mean?

I am told it's a Hebrew word but then I don't understand why my ITALIAN friend calls me this ( He wont tell me what it means, I don't think he knows either.) He explained to me that…

Perhaps Bobala is just a westernised phonetic spelling.

Bobola also seems to be a surname but I wouldn’t like to venture a guess as to whether or not it’s related to ‘bubalah’ in that context.

Rainbow to me is an opening of your mind bcuz (I kno u sed bsides the prisim of colors)when u c in rainbow it means u arent limiting yourself to accept one kind of thing and not only talking anout colors buh it includes people as friends, the way you think, and so on.