Unless specified otherwise, all Data requested by this Application is mandatory and failure to provide this Data may make it impossible for this Application to provide its services.

Information collected automatically through this Application (or third-party services employed in this Application), which can include: the IP addresses or domain names of the computers utilized by the Users who use this Application, the URI addresses (Uniform Resource Identifier), the time of the request, the method utilized to submit the request to the server, the size of the file received in response, the numerical code indicating the status of the server's answer (successful outcome, error, etc.), the country of origin, the features of the browser and the operating system utilized by the User, the various time details per visit (e.g., the time spent on each page within the Application) and the details about the path followed within the Application with special reference to the sequence of pages visited, and other parameters about the device operating system and/or the User's IT environment.

So basically everything you do, in the launcher of your phone. Which means everything you open, search, etc, and for how long. They also tie it to you, and explicitly state it can be used for legal reasons:

For operation and maintenance purposes, this Application and any third-party services may collect files that record interaction with this Application (System logs) or use other Personal Data (such as the IP Address) for this purpose.

Lastly, they hand it off to Matomo (a Google Analytics style tracker) and Bugsnag (error monitor with a privacy policy worth it's own review).

https://www.iubenda.com/privacy-policy/324827

I highly recommend a switch. Neo has proven to be very similar. Like, clonish similar.