Well, it’s better than Google, which obviously spies on you. Google is terrible. But the question wasn’t “is it better than terrible?”
Discussion
Well it's been externally audited (the other existing services) and passed, and is not selling information. It does not have a government that invasively spies. So as far as any service goes, it probably rates quite well. The only service you can trust is the one where you write all the software from scratch without 3rd party libraries, and host it yourself. Very few go that far.