Bordeaux winger Malcom, Bayer Leverkusen's Leon Bailey and Christian Pulisic of Borussia Dortmund are reportedly on a shortlist of Liverpool targets as manager Jurgen Klopp plans to bolster his attack this summer.
According to Jack Gaughan of the Daily Mail, Manchester United, Tottenham Hotspur and Arsenal have also been monitoring Malcom, who has impressed in Ligue 1 this season.
The 21-year-old joined Bordeaux from Brazilian side Corinthians in January 2016 and has enjoyed a breakout 2017-18 campaign, netting 10 goals and providing six assists in 33 appearances in the French top flight.