The so called “blog dollars” company is trying to expand and has announced both through a press release and on their blog that they are looking to acquire blog networks. The company states that it has ads placed on 12,000 blogs that generate over 1 billion monthly impressions and they want to grow bigger by buying blog networks.

Also, they released a digg-like website, called Shlogging, currently in Beta testing phase. Here, users can submit offers and the others can vote the ones they like the most. I don’t have many details about it as it’s closed registration, but i think Chitika is looking to promote their advertiser’s products through it.