The company forecast that its annual revenue would grow at the slowest pace since its stock market debut in 2014. The weak figures underscore the firm's struggles with increasing competition and Beijing's regulatory crackdown, the report said. On Thursday, Alibaba's US-listed shares ended the New York trading session more than 11 per cent lower. Alibaba chief executive Daniel Zhang told investors that increasing competition and slowing consumption in China were the main causes for the weaker growth. Chinese shoppers have become more cautious about spending, with new coronavirus outbreaks, power shortages and concerns about the property market weighing on sentiment,…